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Judge sets bail for researcher in malware case

LAS VEGAS — A Las Vegas federal judge has set bail of $30,000 for a young British cybersecurity researcher accused by U.S. prosecutors of creating and distributing malicious software designed to steal banking passwords.

Many in the cybersecurity community have rallied around hacker Marcus Hutchins, whose quick thinking helped curb the spread of the WannaCry ransomware attack in May that crippled thousands of computers worldwide.

A grand jury indictment charged Hutchins him with creating and distributing malware known as the Kronos banking Trojan.

The indictment was filed in Wisconsin federal court last month.

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