HIGHRansomware
Global
Ransomware Response Firm CEO Accused of Data Recovery Fraud
·Source: Bank Info Security
Updated:
Executive Summary
MonsterCloud CEO Disguised Ransom Payments as Proprietary Tool, Say Prosecutors A ransomware service that offered clients an extortion-free shortcut to unlocking their files was too good to be true, say U.S. federal p
Analysis
MonsterCloud CEO Disguised Ransom Payments as Proprietary Tool, Say Prosecutors A ransomware service that offered clients an extortion-free shortcut to unlocking their files was too good to be true, say U.S. federal prosecutors who say the secret behind Florida-based MonsterCloud was actually succumbing to hacker demands and paying a ransom to attackers, at victims' expense.