Thomas speculates that an employee or other insider may have simply walked out of iBill with the transaction records to sell on the data black market.
What happened with the records from there is anyone's guess. The 1 million addresses found by Sunbelt Software were being used for spamming. Sunbelt found the database by tracing malware-infected computers as they connected to the internet to refresh their list of spam targets. The target list turned out to be the iBill database, hosted on a rogue website.
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