Skip to main content

Marcus Hutchins, who helped stop WannaCry, is accused of spreading Kronos banking trojan in 2014-2015

WannaCry was the worst ransomware attack in the recent years jeopardizing systems of various banks and organizations globally. However, Marcus Hutchins, a hacker who helped in stopping this ransomware, has himself come under scanner from FBI and been arrested for committing another cyber crime. He's accused of spreading Kronos banking trojan in 2015. 

Hutchins is charged with crime and stealing the key information that caused losses to the banks worldwide and in the US. It is believed that his arrest will send a strong message to hackers globally. 

Meanwhile, has got comments from cyber security companies which have welcomed the move. Here’s a general comment from FireEye, on the issue behind this large news cycle: Marcus Hutchins, the researcher who helped stop the global cyberattack WannaCry, was arrested in US for spreading Kronos banking trojan in 2015.

“Many details surrounding this arrest and Marcus Hutchins’ alleged role in developing Kronos remain unclear at this time. FireEye observed Kronos being advertised on an established Russian cyber criminal forum by the actor "VinnyK" in June 2014. Since then, it has been used in a variety of malicious activities and infected diverse organizations, as is typically the case with credential theft malware made widely available through eCrime markets. The allegations that the author of this malware has been arrested could discourage malicious actors from continuing to use it," said John Miller, Senior Manager of Analysis, FireEye.

While this arrest boost the moral of banking and other organizations, it will send a message to hackers who want to steal others money with just a click of a button. Organizations need to ramp up their infra to secure it from external threats and build stringent processes so that employees and partners could not be the doorway of hacking.

Popular posts from this blog

Cloud Computing powering India’s priority of ‘Digital-first country’

By: Sunil Mahale, India MD and VP, Nutanix
Digital transformation has been recognized as being vital to the growth of our nation. This transformation has enjoyed the unanimous approval and contribution from all stake holders including enterprises, MSMEs, government bodies and citizens. But this level of adoption in a country with a population of over a billion people would need a robust technology base that is capable to collecting and distributing vital data seamlessly.
Digital India envisions creating high speed digital highways, that will impact commerce and create a digital footprint for every individual. Technologies based on mobility, analytics, Internet of things and most importantly, cloud technologies are the building blocks for the digital India missionThere is a growing need to manage huge volumes of data, and making them readily available to public through digital cloud services. Cloud has a pivotal role in enabling this change.
While Data centers have become crucial to th…

Semalt Expert Tells The Reasons Qualitative SEO Services Are Not Cheap

Just like the internet, Search Engine Optimization is constantly changing. Also, it's becoming more difficult to perform a good SEO as soon as Google is continuously improving the algorithm of ranking websites. SEO becomes more complicated so you should expect to pay more for hiring SEO specialists or agencies.
The leading Customer Success Manager of Semalt, Igor Gamanenko explains what factors force SEO services cost increase.
SEO Expertise
SEO has been undergoing the crucial changes and updates over the last 10 years. In the early days of SEO, Google only was caring about the technical aspect of your website, links and keyword metadata to rate you higher. The rating guidelines were quite easy: all you had to do was using some keywords in your metadata and more links than your competitors. This was enough to give you a higher ranking in search engines.
Today, the game has completely changed. Through semantics, Google has a better understanding of internet searches, so it can judg…

RevStart launches its RevItUp Incubation Programme

Underlining its vision of creating a nurturing ecosystem for start-ups to grow in, RevStart, a co-working and incubation centre, has announced the launch of its RevItUp Incubation Programme. The 12-week long programme will be held at RevStart Incubation Centre in Noida from July 1, 2018 onwards. As part of the programme, RevStart will select five high potential start-ups from the ed-tech sector, AI, Consumer Internet, Sustainability, as well as for-profit social impact companies to assist them with developing their business, along with connecting them to global mentors across industries and sectors. In addition, start-ups selected for the programme will receive INR 5 lakh to Rs. 25 lakhs worth of cash and benefits, while RevStart will get an equity stake in the ventures.
The RevItUp Incubation Programme has been created to enhance the founding team’s industry, product, and company building knowledge and capabilities through a world-class curriculum. The programme will focus on tailor…