The Blackhole Exploit Kit is a web-based application that can exploit web browser vulnerabilities. It can also take advantage of flaws in popular browser plugins such as Adobe Reader, Flash and Java. The alleged creator of the kit was rumoured to have been arrested by the Russian authorities earlier this year. He is among 13 people being prosecuted in connection with organised criminal activity, including the distribution of banking trojans designed to steal sensitive information. According to a statement, the alleged Blackhole gang are said to have inflicted 70 million Rubles worth of damage (1.3 million, or US $2.13 million)”]
Source: https://grahamcluley.com/blackhole-exploit-kit-creator-prosecuted/