#8
The Hacker News
general
October 08, 2026 at 07:41 UTC
MonsterCloud Owner Accused of Billing Over $19M While Secretly Paying Ransoms to Decrypt Data
By [email protected] (The Hacker News)
AI Summary
The DOJ charged MonsterCloud owner Zohar Pinhasi (also known as Zack Silver and Zack Green) with wire fraud for secretly paying ransomware operators to obtain decryptors while billing victims over $19 million for purportedly proprietary recovery technology — a markup of approximately $11 million. The case exposes a predatory niche in the ransomware recovery industry and raises due-diligence questions for organizations vetting incident response vendors.
Relevance score: 76.0/100
Sponsored
Protect Your Business
Expert cybersecurity solutions to safeguard your organization from evolving threats.
Get Protected →