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Security research site Hack.co.za is up for sale after its long term admin decided it was time to hang up his boots and make some money.

The site, which we're told gets 900,000 hits per month, has acted as a resource for exploits, "utilities" and security tools along the same lines as Packetstorm, its bigger and more famous counterpart.

Packetstorm (which was taken under the wing of Securify) before been released back into the wild because it proved uneconomical to run, and never looked likely to turn a profit.

So how can Hack.co.za (which has no content up at the moment) be a good business proposition?

Cami, the owner of the site who is looking to get around $20,000 for his property, reckons its future owners can make money from the security firms that regularly access the site.

"Whoever buys it can begin to harvest rather large amounts of money from these companies, as well as keep the Hack.co.za reputation going (that being, we get most of the vulnerabilities before others do)," he told us.

Somehow we can't see people queuing up to buy banner ads on the site, but that's not to say its not beyond the wit of someone out there to come up with a workable business model for the site. ®

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