After the spread of the ransomware called “Wanna-Cry” incident, the cyber-security researcher who stalled the ransomware has been arrested in the US.
Marcus Hutchins, also known as “Malware Tech” on Twitter, has been charged in the US for allegedly creating the Kronos malware. He is also a cyber-security researcher in a cyber-security firm called “Kryptos Logic”. The malware is hitting banks and steals login and financial credentials from victims’ computers. It has been said that he created the malware, and sold it on the dark web market called “Alphabay” which was been taken down just recently.
In an article by BBC News, the US Department of Justice (DoJ) said that “Marcus Hutchins… a citizen and resident of the United Kingdom, was arrested in the United States on 2 August, 2017, in Las Vegas, Nevada, after a grand jury in the Eastern District of Wisconsin returned a six-count indictment against Hutchins for his role in creating and distributing the Kronos banking Trojan,”
Marcus Hutchins became popular after he found a way to stall the ransomware called “Wannacry” which targets computers that run on Windows OS and locks them then asks users to pay a ransom in Bitcoin currency.
Source: BBC News
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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Jude says:
Why don’t they confiscate the bitcoins , too, and return them to owners?