Monday, February 2, 2009

RBN Takes Another Hit

Ukrainian web hosting provider UkrTeleGroup Ltd., a long time hub of Russian cybercrime operations, has been taken offline. The take down came after reports by McAfee and other security organizations, and a formal complaint by Brian Krebs of The Washington Post. This action sends a clear message to other web hosting providers that providing service to organized cyber crime imposes risks to the host. The overall effect will be to drive up the cost to cyber criminals of doing business. Last year, cybercrime cost the world economy as much as $1 trillion.

You can read more at Brian Krebs' Security Fix column at The Washington Post: