
Malware & Ransomware
Ransomware Remediation Firm Owner Accused of Paying Extortion Demands
Zohar Pinhasi faces wire fraud charges for allegedly paying cybercriminals while charging clients higher fees for data recovery services.
Everything Threat Times has reported about Wire Fraud: 4 stories, newest first. Part of our Cyber Attacks coverage.

Zohar Pinhasi faces wire fraud charges for allegedly paying cybercriminals while charging clients higher fees for data recovery services.

Federal prosecutors accuse the firm's founder of defrauding victims by paying attackers to decrypt data while claiming proprietary recovery methods.

Federal prosecutors allege the firm owner secretly paid ransoms while charging victims inflated fees for recovery services that were not provided.

Zohar Pinhasi, a cybersecurity expert who ran a Florida firm, is accused of defrauding clients by claiming he could decrypt ransomware files without paying ransoms.