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Mmastodon TechnologyCybersecurity first seen 7 d ago, last 7 d ago, peak #3

Florida ransomware expert charged with secretly paying hackers millions

Original: https:// timesofindia.indiatimes.com/wo rld/us/florida-ransomware-expert-said-his-company-could-decrypt-attacks-without-

US prosecutors have charged a Florida ransomware expert who claimed his company could decrypt attacks without dealing with hackers. According to allegations, he instead charged victims more than $19 million for his services while secretly sending over $8 million in ransom payments to the cybercriminals behind the attacks. The case has drawn attention to fraud risks in the ransomware recovery industry.

Why now: The alleged betrayal of ransomware victims and the scale of the fraud make the charges newsworthy in cybersecurity circles.

FloridaUS prosecutorsransomware hackers

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