Security firm Trend Micro said that Russian Business Network (RBN) dropped off the internet last Tuesday, and has predicted its emergence in a newly reinvigorated form somewhere in Asia.
Run by a shadowy figure known only as 'Flyman', RBN has been associated with a number of high-profile online crimes committed in the UK.
Security firms have linked RBN to child pornography, corporate blackmail, spam attacks and online identity theft, according to a report in Times Online.
"The UK has been a focus for this group and its criminal clients, and things are set to get worse," said David Perry, an analyst for Trend Micro.
The US Treasury estimated recently that cyber-crime is now worth $100bn a year, more than the illegal drugs trade.
Russian hacker network goes underground
By Guy Dixon on Nov 13, 2007 7:15AM
An online conduit accused of spreading vast amounts of malicious and criminal content has closed down its base in St Petersburg sparking fears that the operation will surface elsewhere..
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