• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechCyber Saturday

Data Sheet—Saturday, August 5, 2017

Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
August 5, 2017, 11:27 AM ET

Here we go again. The FBI arrested a prominent hacker in Las Vegas this week, and the Internet is in an uproar. There’s talk of malicious prosecution and fear the arrest will chill security research.

Well maybe. But first we should figure out what happened.

If you missed it, the hacker in question is a young Brit named Marcus Hutchins. He became famous this year after stopping a wave of ransomware, known as WannaCry, that was spreading across the globe. His action helped halt attacks that froze millions of computers, including those at schools and hospitals.

Hutchins is considered a hero for that. But here’s the thing: In 2014 and 2015, prior to his WannaCry heroics, the FBI says Hutchins created and sold a notorious piece of malware, known as Kronos, designed to steal people’s banking information. If the accusations are true, Hutchins engaged in some serious criminal behavior.

Nonetheless, many on Twitter and in the media see the arrest as a case of injustice. Some have pounced on a legal analysis of the indictment to say the charges are unfair or overreaching. Others allege this wouldn’t have happened if he was back in Britain. And so on.

All of this has a familiar ring to it, and stems in part from past injustice against hackers: Who can forget the Justice Department’s cruel prosecution of Aaron Swartz, which drove the young genius to suicide in 2013? Critics also rightfully worry about the feds’ use of vague and outdated hacking laws.

Unfortunately, the tech and hacker community is also quick to cry injustice every time a popular Internet figure is arrested—even if they’ve done very bad things. Examples include ongoing sympathy for Silk Road founder Ross Ulbricht (aka the Dread Pirate Roberts) and Kim Dotcom, a gangster-like figure who engaged in massive copyright theft and is attempting to use a cult-of-personality to avoid extradition.

In the case of Marcus Hutchins, it’s too soon to pass judgment. We don’t know all the facts yet. But just because he stopped WannaCry doesn’t give him a free pass to commit bank fraud (if that’s what he did) any more than a heroic deed will excuse a gunman from robbing a convenience store.

The hacker community needs to take a breath. Some prosecutions may be unjustified but that doesn’t mean hackers should never go to jail.

Jeff John Roberts

@jeffjohnroberts

jeff.roberts@fortune.com

Welcome to the Cyber Saturday edition of Data Sheet, Fortune’sdaily tech newsletter. You may reach Robert Hackett via Twitter, Cryptocat, Jabber (see OTR fingerprint on my about.me), PGP encrypted email (see public key on my Keybase.io), Wickr, Signal, or however you (securely) prefer. Feedback welcome.

THREATS

"Like a drunken tattoo party": That's how one analyst described new technology to implement microchips into workers. This is a hot topic because a Wisconsin company did just did that, which will allow employees to buy snacks and more with a wave of their hand. The analyst is skeptical it will catch on—in no small part because of the "ick" factor. (Fortune)

Call me, maybe: The messaging app Signal is considered best in class when it comes to secure communications. But it has one major flaw: You have to provide a phone number to use it. This means that, even if Signal can keep the government out of your messages, it risks letting creeps into your personal life. Jillian York of the EFF offers a workaround—and a great suggestion for improving Signal. (Motherboard)

Say it ain't Sony: A major hack of HBOs networks, which resulted in films and giant troves of corporate documents getting leaked online, has triggered obvious comparisons to the Sony debacle of late 2014. But while the HBO breach is grave, the comparison may be inapt: "simply looking at the sheer amount of data that hackers claim to have stolen is definitely the worst possible way to make any judgement." (Variety)

Show me the Bitcoin Cash: The world's most popular digital currency exchange, Coinbase, reversed course and said it will support withdrawals of a new offshoot of bitcoin. The decision comes after a bruising week for Coinbase in which customers threatened to sue to get hold of their share of the new Bitcoin Cash, which briefly hit prices of $700. (Fortune)

Finally, the boldness of some of the hackers out there reminds me of the "Crazy Nastyass Honey Badger"—still the funniest thing on the Internet IMO.

Share today's Data Sheet with a friend:

http://fortune.com/newsletter/datasheet/

Looking for previous Data Sheets? Click here.

ACCESS GRANTED

When a crypto-currency "forks," do custodians have a legal obligation to support the new coins? Internet law scholar Tim Wu shared some thoughts.

Wu added that common law property rules mean that the newly issued Bitcoin Cash belongs to the Coinbase customers in the same way a newborn calf belongs to the owner of a cow. Read more on Fortune.com.

FORTUNE RECON

WannaCry Ransoms Suddenly Leave Attackers' Bitcoin Wallets, by David Meyer

Wikileaks Releases Emails from Macron Campaign, by Jeff Roberts

Apple Patent Points to an iPhone Privacy Boost, by David Meyer

Companies Can Now List Shareholders on a Blockchain,by Jeff Roberts

Game of Thrones' Next Episode has Been Leaked Online, by Chris Morris

Hackers Turn Some Amazon Echoes Into Bugging Devices, by David Meyer

ONE MORE THING

Who you calling a moron? This is a nice palette cleanser: in a 2011 presentation, Canadian security officials marveled at the cloddish character of Russia's cyber operations. The attacks, they said, were “designed by geniuses” but “implemented by morons”. (The Intercept)

About the Author
Robert Hackett
By Robert Hackett
Instagram iconLinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Tech

InvestingStock
There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts say
By Jason MaDecember 13, 2025
2 hours ago
Politicsdavid sacks
Can there be competency without conflict in Washington?
By Alyson ShontellDecember 13, 2025
3 hours ago
InnovationRobots
Even in Silicon Valley, skepticism looms over robots, while ‘China has certainly a lot more momentum on humanoids’
By Matt O'Brien and The Associated PressDecember 13, 2025
5 hours ago
Sarandos
Arts & EntertainmentM&A
It’s a sequel, it’s a remake, it’s a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner
By Nick LichtenbergDecember 13, 2025
9 hours ago
Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California.
AIOracle
Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt markets
By Eva RoytburgDecember 13, 2025
10 hours ago
robots
InnovationRobots
‘The question is really just how long it will take’: Over 2,000 gather at Humanoids Summit to meet the robots who may take their jobs someday
By Matt O'Brien and The Associated PressDecember 12, 2025
23 hours ago

Most Popular

placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
1 day ago
placeholder alt text
Success
Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion
By Preston ForeDecember 12, 2025
1 day ago
placeholder alt text
Success
40% of Stanford undergrads receive disability accommodations—but it’s become a college-wide phenomenon as Gen Z try to succeed in the current climate
By Preston ForeDecember 12, 2025
1 day ago
placeholder alt text
Economy
The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shake-up
By Jason MaDecember 12, 2025
22 hours ago
placeholder alt text
Economy
For the first time since Trump’s tariff rollout, import tax revenue has fallen, threatening his lofty plans to slash the $38 trillion national debt
By Sasha RogelbergDecember 12, 2025
1 day ago
placeholder alt text
Success
Apple CEO Tim Cook out-earns the average American’s salary in just 7 hours—to put that into context, he could buy a new $439,000 home in just 2 days
By Emma BurleighDecember 12, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.