News Roundup: Why was one hacker arrested after Def Con?

A roundup of the week’s technology news including IoT salt shakers, tech companies as utilities, and HoloLens plague masks.

A roundup of the week’s technology news including IoT salt shakers, tech companies as utilities, and HoloLens plague masks.

WannaCry and Def Con

After a period of relative quiet, WannaCry is back in the news. Whoever was behind the attack finally emptied the Bitcoin wallet victims were paying into. August 3rd saw seven withdrawals from the wallet, with the total valued at around $140,000 at current prices.

The recent Bitcoin fork – which essentially saw a new concurrent cryptocurrency created with the same transaction history as actual Bitcoin but with some slight tweaks relating to scalability – may have had something to do with it. The fork means the culprits gained around an extra $15,600 (at time of writing BTC Cash is running at $300 a coin compared to original BTC’s $2,800, but is fluctuating a lot) without actually doing anything.

Meanwhile, Marcus Hutchins – aka Malware Tech, aka the man who accidently prevented WannaCry from spreading further – has been arrested by the FBI. Hutchins was collared en route home from Def Con hacking conference in Las Vegas and is accused of developing the Kronos malware; a Trojan attack which targeted banks. Hutchins could face imprisonment for up to 40 years if found guilty. According to a statement from the DOJ, the alleged activity occurred “in or around July 2014 and July 2015.”

In other Def Con news, researchers demonstrated how to create anti-virus defeating malware using Elon Musk’s OpenAI Machine Learning framework, one of the founders of the Tor Project claimed the Dark Web “doesn’t exist”, and at Black Hat, a car wash was hacked so it actively attacked your car.