HITB GSEC Singapore (August 21st - 25th)
Register Online Now!
Security researcher who neutralized WCry to be released on $30,000 bond
Marcus Hutchins, the celebrated British security professional who was arrested Wednesday on federal charges he helped create and distribute malware that steals banking credentials, will be released from detention pending $30,000 bail, according to Las Vegas reporter Christy Wilcox and other news outlets.
Wilcox reported on Twitter that Hutchins will stay in a halfway house until more permanent housing arrangements are made. She said Hutchins would spend at least one more night in detention, because defense attorneys were unable to raise the required funds in time. The security researcher, who was instrumental in neutralizing the virulent WCry ransomware worm that shut down computers worldwide in May, appeared at a federal court hearing in Las Vegas late Friday afternoon wearing a yellow detainee jumpsuit with orange Crocs and socks.