The host at this IP address is obviously operated by cybercriminals. It is running a malware botnet controller which is being used to control infected computers (bots) around the globe using a trojan horse.
Malware botnet controller located at 20.93.1.24 on port 60923 TCP:
$ telnet 20.93.1.24 60923
Trying 20.93.1.24…
Connected to 20.93.1.24.
Escape character is ‘^]’
Referencing malware samples:
MD5 0e54172eaa75a2b67f3dc3799094364d