DOJ charges ransomware recovery CEO for secretly paying hackers

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- Ransomware groups are increasingly targeting backup infrastructure to eliminate recovery options and increase pressure on victims to pay. Kaseya explains why organizations need isolated, immutable, and regularly tested backups that attackers cannot easily reach. [...]
- The owner of ransomware remediation company MonsterCloud has been charged with allegedly defrauding ransomware victims by secretly paying their attackers for decryptors while claiming to use proprietary technology to recover encrypted data. [...]
- Zohar Pinhasi was paying ransoms to obtain decryption keys and then charging victims substantially more for remediation. The post Fake Decryption Tools Masked $11M Markup in Ransomware Recovery Scheme appeared first on SecurityWeek .
- The owner of a ransomware recovery firm was hit with wire fraud charges for allegedly making secret ransom payments while overcharging the victims of attacks.