Scams
Ransomware recovery firm boss charged with secretly paying attackers and overcharging victims
The owner of Florida-based ransomware remediation company MonsterCloud has been charged with fraud for allegedly paying ransomware gangs behind his clients’ backs and billing them far more than the ransom. Zohar Pinhasi (aka “Zack Silver” and “Zack Green”), a 50-year-old US and I
Help Net Security··3 min read
The owner of Florida-based ransomware remediation company MonsterCloud has been charged with fraud for allegedly paying ransomware gangs behind his clients’ backs and billing them far more than the ransom. Zohar Pinhasi (aka “Zack Silver” and “Zack Green”), a 50-year-old US and Israeli national from Hollywood, Florida, allegedly charged MonsterCloud clients more than $19 million while paying more than $8 million to the ransomware gangs that attacked them. According to the indictment, Pinhasi told prospective … More → The post Ransomware recovery firm boss charged with secretly paying attackers and overcharging victims appeared first on Help Net Security.