4/24/2012

Cybercriminals based in Russia and other former Soviet republics netted about $4.5 billion from their illegal activities last year, accounting for more than a third of the hacking community's entire global take, according to a Group-IB report. The security research firm warned that Russian crime syndicates -- which once focused on traditional criminal enterprises such as drugs and arms dealing -- moved to consolidate their control over cybercrime last year, which Group-IB predicted will lead to "an explosive increase of attacks" on the financial sector.

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