Social News XYZ     

WannaCry ‘hero’ pleads guilty to malware charges

WannaCry 'hero' pleads guilty to malware charges
San Francisco, April 20 (IANS) Marcus Hutchins, the security researcher who helped temporarily stop the WannaCry ransomware bug, has now pleaded guilty to federal charges of creating and distributing malware used to break into online bank accounts.

"Marcus 'MalwareTech' Hutchins, the British security researcher known for stopping the WannaCry ransomware outbreak, has pleaded guilty today to writing malware in the years prior to his prodigious career as a malware researcher," the ZDNet reported late on Friday.

He pleaded guilty to entering a conspiracy to create and distribute malware, and in aiding and abetting its distribution.

 

"I regret these actions and accept full responsibility for my mistakes," Hutchins wrote in a post, according to the ArsTechnica.

The researcher reportedly pleaded guilty to two counts, and the government agreed to drop the other eight. For each count, Hutchins faces up to five years in prison, up to $250,000 in fines, and up to one year of supervised release.

"He was also charged with working with a co-conspirator -- identified only as 'Vinny', 'VinnyK', and 'Aurora123' -- to advertise and sell the two malware strains online. This happened between July 2012 and September 2015, before Hutchins built a career as a talented security researcher," the ZDNet report added.

Hutchins, who goes by the online handle MalwareTech, was arrested in August 2017 as he was due to fly back to the UK following the Def Con security conference in Las Vegas.

He was charged for his involvement with creating the Kronos banking malware, dating back to 2014. He was later freed on bail.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

Facebook Comments
WannaCry 'hero' pleads guilty to malware charges

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

%d bloggers like this: