Private data‑recovery companies sometimes claim they can recover encrypted files without paying attackers but in practice pay ransoms and charge victims expensive fees, effectively doubling harm. A federal indictment of MonsterCloud’s CEO Zohar Pinhasi makes this pattern prosecutable rather than merely investigatory.
— This reframes part of the ransomware problem: policy and enforcement must target not only hackers but also commercial intermediaries and insurers that enable the extortion economy.
Renee Dudley
2026.10.26
100% relevant
The Justice Department indictment of Zohar Pinhasi (MonsterCloud) alleging he paid ransoms while claiming he did not and overcharged clients illustrates the practice.
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