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Marcus Hutchins
FILE - In this Monday, May 15, 2017, file photo, British IT expert Marcus Hutchins speaks during an interview in Ilfracombe, England. Hutchins, a young British researcher credited with derailing a global cyberattack in May, has been arrested for allegedly creating and distributing banking malware, U.S. authorities say. Hutchins was detained in Las Vegas on Wednesday, Aug. 2, 2017, while flying back to Britain from Defcon, an annual gathering of hackers of IT security gurus. A grand jury indictment charges Hutchins with “creating and distributing” malware known as the Kronos banking Trojan. (AP Photo/Frank Augstein, File)

The UK computer expert credited with stopping a global cyberattack has been arrested in the US


The British IT expert credited with derailing a global cyberattack in May was arrested, Department of Justice officials said Thursday, for allegedly creating and distributing malicious software designed to hack into banking systems.

Known as informally as "Malwaretech," Marcus Hutchins faces a six-count indictment, including conspiracy to commit computer fraud and abuse, attempting to access a computer without authorization, endeavoring to intercept electronic communications, and distributing and advertising an electronic communication interception device, dating back to July 2014 or 2015. The malware, dubbed the "Kronos banking Trojan," had the capacity to "harvest and transfer the username and password associated with banking websites as they are entered on an infected computer to a control panel hosted on another computer inaccessible to the victim."

Kronos infected banking systems located in Canada, Germany, Poland, France and the United Kingdom, among others.

"Cybercrime remains a top priority for the FBI," said Special Agent in Charge (SAC) Justin Tolomeo. "Cybercriminals cost our economy billions in loses each year. The FBI will continue to work with our partners, both domestic and international, to bring offenders to justice."

Hutchins' arrest came as a shock to the cybersecurity community. In May, the 22-year-old was hailed as a hero for his assistance in controlling the spread of the WannaCry ransomware attack that crippled thousands of computers associated with some of Europe's largest companies, including Britain's National Health Service and Spain's Telefónica. Computers across Russia, the Ukraine and Taiwan were also breached, leading to data being locked and held for ransom, the Guardian noted.

Hutchins was in Las Vegas for Def Con, an annual cybersecurity conference that ended Sunday. On Wednesday, he made comments on Twitter, suggesting that he was about board a plane for a flight home before he was detained.

Hutchins spent the night in federal custody and is expected to face arraignment on Friday.

The Associated Press contributed to this report.

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