Bulletproof hosting founder imprisoned for helping cybercrime gangs

34-year-old Russian Aleksandr Grichishkin, the founder of a bulletproof hosting service, was sentenced to 60 months in prison for allowing cybercrime gangs to use the platform in attacks targeting US financial institutions between 2008 to 2015. Grichishkin, who was also the organization’s leader, provided multiple cybercrime operations with the infrastructure (IP addresses, servers, and domains) needed to distribute malware, host phishing kits, breach targets’ networks, build botnets, and steal banking credentials.

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