Marcus Hutchins, a Self-taught computer-security researcher who is also credited with blocking a destructive cyberattack. This cyberattack crippled British hospitals in May. Hutchins is responsible for saving the day for hospitals in Britain.
He was arrested due to the charges of creating malware that is able to hack banking systems in various countries like Canada, Europe and the USA.
Marcus started blogging by the name of MalwareTech when has just in his teen years. He was arrested in Las Vegas, Nevada on Wednesday, this was said by the justice department in a statement.
When court documents were unsealed on Thursday, they showed that he was accused in July on various charges of computer misconduct. He created and illegally distributed Kronos banking Trojan.
It is a kind of malicious software that is capable of stealing usernames and passwords. It can do so from banking websites from the machines that were infected.
Marcus’s arrest shocked the cybersecurity industry. The cybersecurity industry was coming off its biggest week of the year at the Black Hat and Def Con conferences in Las Vegas. Both of them were attended by Hutchins.
Hutchins was a hero, especially among White-hat security researchers. They hack technologies just to find ways to fix them in case they are hacked.
His quick thinking was widely acknowledged when he neutralized the WannaCry ransomware after a few hours into its attack which was spreading quite fast. It not only threatened computers but also lives as the data of patients is stored in computers.
This ransomware infected more than 300,000 computers in more than 150 countries. It locked users out of the systems unless they paid a ransom in the form of bitcoin.
UK’s National Health Services, FedEx Corp., Nissan Motor CO. and Renault were the victims.
Hutchins figured out a shrewd way to block the attack by quickly registering an internet domain that also served as a ‘Kill Switch” for the ransomware. It was a secret that was hidden in its code.
Eva Galperin, director of cybersecurity for the Electronic Frontier Foundation said on Thursday the San Francisco-based legal advocacy group is trying hard to reach out to Hutchins.
“The EFF is deeply concerned about the arrest of Marcus Hutchins” said Jeanne Carstensen, a spokeswoman for the group. “We are looking into the matter, and are reaching out to Hutchins.”
Almost more than a year before WannaCry broke out, Hutchins developed the Kronos malware, according to the federal investigators.
He advertised it and put it up for sale in online forums and shared the profits with one other suspect whose name is hidden from the indictment.
Kronos is one of the major forms of baking Trojans used today. Marcus is just accused of supplying the software not actually using this software to hack computers to install it.
Apparently this arrest is linked to the shutting down of an online marketplace called AlphaBay. This is the marketplace where Hutchins allegedly sold his Kronos malware.
This website was demolished late last month, the Justice Department announced . This site has 200,00 users and more than 40,000 sells who sold all things illegal from drugs to guns, from fake IDs to hacker tools.
A 26-year-old Canadian named Alexandre Cazes was the alleged founder of this marketplace. He was found dead in his cell shortly after he got arrest, he apparently committed suicide.
The indictment and the timing of the arrest showed that the investigators used the information from AlphaBay to build up a case against Hutchins.
Conclusion of WannaCry was on Thursday, three Bitcoin wallets were emptied out. The tokens were divided into smaller amounts and they were sent to other bitcoin addresses. They had total 52BTC or around $140,000.