“Defendant Marcus Hutchins created the Kronos malware,” the indictment, filed on behalf of the eastern district court of Wisconsin, alleges. Security researcher Ryan Kalember, from Proofpoint, says that the Kronos malware was notable for being a particularly slick, and expensive, offering. Both US and UK intelligence agencies later linked the malware outbreak to North Korean state actors, who have become bolder in recent years at using cyberattacks to raise revenue for the sanction-laden state. Hutchins was recently given a special recognition award at cybersecurity celebration SC Awards Europe for halting the WannaCry malware. Read moreHutchins’ employer, cybersecurity firm Kryptos Logic, had been working closely with the US authorities to help them investigate the WannaCry malware.

Source: The Guardian August 03, 2017 17:58 UTC