Wait a sec, you are a Slashdot reader, but don't concede that Brian Krebs is a respectable journalist specializing in computer security issues? I hereby revoke your nerd card!
Seriously, Brian Krebs is the gold standard of reporting on this stuff. His prominence as an expert who constantly exposes the computer criminal underworld is unparalleled in journalistic circles, and is the reason that he actually has been the target of attacks by the aforementioned underworld denizens. As for dismissing his professional investigative reporting because it's on his "blog", I will point to his previous highly successful 14 years as a tech/security reporter for the Washington Post.
Dismissing Brian Krebs as a hack because he reports via a blog is like dismissing Bruce Schneier's thoughts on some new encryption algorithm because he wrote about it on his blog. Would you feel differently if I had linked to a Fox News video?