Saturday, December 22, 2007

Chinese Cybercrime Networks Fill RBN Void

Via SC Magazine -

An intricate network of servers operated by Chinese criminals has moved into the void created when the notorious Russian Business Network (RBN) shut down, according to a report from anti-crimeware vendor Finjan.

December's "Malicious Page of the Month" report from Finjan's Malicious Code Research Center (MCRC) notes that the RBN “has suddenly picked up from its St. Petersburg digs and diversified…spreading its activity to new chunks of IP addresses, with RBN-like activity almost immediately appearing on newly registered blocks of Chinese and Taiwanese IP addresses."

Iftach Amit, director of security for the MCRC, told SCMagazineUS.com that the Chinese group's activity is “an evolution of the Russian Business Network."

“All of the criminal activity over the internet has financial gain behind it, and if you shut down one part of the system, it's bound to bounce back because of market forces,” he said.

The report also noted that MI5, the United Kingdom's counter-intelligence agency, warned 300 U.K. chief executives and security experts of an increased risk from Chinese hackers following an attack on government servers.

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