Search/Ransomware recovery firm boss charged with secretly paying attackers and overcharging victims
● News

Ransomware recovery firm boss charged with secretly paying attackers and overcharging victims

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 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 clients that MonsterCloud offered a principled alternative to paying ransomware attackers. The company’s website advised victims not to pay the ransom, saying “our team specializes in helping…

Read original article
Source
helpnetsecurity.com
Published
Oct 8, 2026
Mentions
0
language: en-US
Connections
2 relationships