While Russia is rich for natural resources (diamonds, gas, oil), just a few people profit from them. Next tear of wealthy individuals mostly profit from serving those who profit from natural resources… Natural resources imply that value is already created. You dont have to think how to create it. You just have to sell it. This stresses a high importance on relations, closed ties between limited political and business. These ties generally are not based on pure smartness nor on common sense logic or ethic. The rest of population, stoned by these in-transparent "success stories" are leaved to strive for fast money and basically steal+cheat.
Also, considering Soviet past, where entrepreneurship have been suppressed for decades, it is just amazing how many super smart people there are, focusing their brain power on anything but long term intelectual value creation and monetization (i.e. intelectual value driven businesses). There are many terrific examples of this, including AK-47, chess players, Nginx… Though nginx is amazing it is not amazing in monetization. I'm wishing Nginx and Runa Capital all the best to in monetizing it! (details of their monetization strategy are not apparent to me).
And mature cybercrime market is nothing surprising in these circumstances.
All this being said, I don't want to say that there are no great, profitable intellectually driven companies in Russia. Among those are Kaspersy Lab, Parallels, some others. These observations are general and highly abstract.
The only seeming exception I can think of is Norway, which has a highly unusual massive government savings program to deal with its oil wealth, and then only discovered that wealth fairly recently.