Cybersecurity CEO Indicted for Allegedly Scamming Millions From Ransomware Victims

Cybersecurity CEO Indicted for Allegedly Scamming Millions From Ransomware Victims

A federal grand jury indicted MonsterCloud CEO Zohar Pinhasi last month for allegedly defrauding clients of his ransomware data recovery business, which was the subject of a 2019 ProPublica investigation.

MonsterCloud CEO Indicted on Federal Fraud Charges in Data Recovery Scheme — ProPublica | #ransomware | #cybercrime - National Cyber Security Consulting

A Florida man who was the subject of a 2019 investigation by ProPublica was indicted last month on federal charges that he defrauded clients of his ransomware data recovery firm.  According to the Justice Department, the man, Zohar Pinhasi, told customers he could recover their encrypted files without having to pay hackers, when, in reality, […] Thank you for subscribing to our RSS feed!