Cyber-crime is among the top five most common economic crimes in Ukraine, according to a 2012 study by Ryerson University in Toronto. But for much of the past decade, Ukraine’s record in bringing cyber-criminals to justice has been poor.

Of the roughly 400 people arrested in the country on Internet and banking fraud charges from 2002 to 2011, only eight were convicted, according to Dr. Kshetri’s report.

Some progress has been made since 2009, when the FBI stationed a supervisory special agent at the US Embassy in Kiev to assist with cyber-crime targeting the US, the report adds. And Ukraine has also devoted more resources to its computer crime and fraud enforcement in recent years.  Cybercrime in the Ukraine