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Florida ransomware expert allegedly sent over $8m in ransom payments
Source: Times of India — Top Stories · 3 days ago
Summary
A Florida cybersecurity specialist has been charged with fraud for allegedly deceiving ransomware victims by promising data recovery without paying hackers while secretly making more than $8 million in ransom payments. Prosecutors say he billed clients over $19 million for these services. He now faces three federal charges, each punishable by up to 20 years in prison.
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From the original report
A Florida cybersecurity expert has been charged with fraud for allegedly misleading ransomware victims. Prosecutors say Zohar Pinhasi claimed his company could recover encrypted data without paying hackers but secretly sent over $8 million in ransom payments while charging clients more than $19 million. He faces three federal charges carrying up to 20 years in prison each.
Excerpt from Times of India — Top Stories.
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