Blackhole exploit kit author sent to jail: Pyrrhic victory for the cybersecurity industry

According to Wikipedia, a Pyrrhic victory is a victory that inflicts such a devastating toll on the victor that it is tantamount to defeat.

Last week, many cybersecurity media outlets announced that Blackhole exploit kit creator (aka “Paunch”) was sent to jail for seven years. His accomplices will also spend between five and eight years in a Russian prison. LinkedIn had a lot of mentions of the news with joyful comments and numerous likes. Back in 2013, Jerome Segura, security researcher at Malwarebytes, said the arrest would be “a major event in the exploit kit business, one that could trigger a chain reaction leading to more arrests and disruption.”

So, sounds very promising, doesn’t it? However, if we look into the details of the story, it’s rather a defeat than a victory for our industry. Let’s have a look on five main reasons For the full article click here 

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