A Ransomware Firm Promised Not To Pay Hackers. Prosecutors Say It Paid Them And Marked Up The Bill.
Federal prosecutors have charged the owner of MonsterCloud with wire fraud. The Florida ransomware recovery firm sold victims an alternative to paying criminals. Prosecutors say it paid the criminals and billed clients far more. ProPublica flagged the practice in 2019. A ransomware recovery firm told victims they would not have to pay. It paid anyway … Read more