The CyberScoop reports that authorities have indicted MonsterCloud owner Zohar Pinhasi, accusing him of charging ransomware victims inflated fees while claiming to use proprietary recovery tools that did not exist. Prosecutors say he paid cybercriminals to recover data without telling clients, and that the company drew in hundreds of clients with false promises. Windows users and small offices hit by ransomware should be careful about who they trust for recovery and verify any claims before paying.
Source: cyberscoop.com
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