A web hosting company allegedly responsible for at least 75% of the daily spam volume worldwide has been forced offline, thanks to evidence gathered by security experts. McColo Corp, based in California, had its service terminated by its ISP, Hurricane Electric earlier today.

Experts say the company hosts a vast community of cyber criminals including spammers, phishers, malware distributors and even peddlers of child porn. It’s also believed that McColo servers hosted the massive Rustock and Srizbi botnets. But will the move really take a bite out of cybercrime? Probably not. The criminals will in all likelihood move their operations elsewhere, most likely to an overseas host. Another ISP notorious for hosting cyber crime, Intercage, was shut down twice last month, and while experts say that closure helped kill the Storm Worm, evidence shows some of Intercages clients have set up shop on a server hosted in the Ukraine. As long as there are webhosting firms willing to look the other way, these shutdowns will only be temporary obstacles rather than permanent solutions.