MonsterCloud Owner Charged With Secretly Paying Ransomware Demands

Reported by Security Affairs (Pierluigi Paganini)

Summary by Cyber Security News8 Oct 2026, 15:37 CEST

About this summary. This is a short, independently written summary of an article first published by Security Affairs. Cyber Security News did not report or verify the underlying story. Read the original: https://securityaffairs.com/200621/cyber-crime/monstercloud-owner-charged-with-secretly-paying-ransomware-demands.html

MonsterCloud owner Zohar Pinhasi allegedly paid ransomware demands behind clients’ backs, then charged them millions for the supposed recovery. Zohar Pinhasi, the owner of Florida-based MonsterCloud, was charged this week with wire fraud. Federal prosecutors say his clients were scammed twice during the same ransomware crisis.

Read the full article at Security Affairs →