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The Times of India
The Times of India
World
TOI World Desk

Florida ransomware expert charged clients $19 million while secretly paying hackers $8 million

A Florida cybersecurity expert who claimed his company could recover data locked by ransomware without paying hackers has been charged with fraud in the United States. Federal prosecutors allege that Zohar Pinhasi, 50, secretly paid cybercriminals to obtain decryption keys while charging his clients much higher fees. According to the US Department of Justice, his company collected more than $19 million from clients and paid over $8 million in ransom payments.

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