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CEO of Florida ransomware recovery firm indicted for fraud
Original: NEW: A Florida cybersecurity company promised to help clients recover data from ransomware attackers. In a 2019 story, w
The chief executive of a Florida cybersecurity firm that promised clients help recovering data hit by ransomware has been indicted for fraud. ProPublica reported in 2019 that the company was secretly paying hackers behind the attacks while charging clients hefty fees for recovery services. The indictment follows years of scrutiny of the firm's practices, and the case raises fresh questions about the largely opaque ransomware negotiation industry and whether victims were misled about who they were really dealing with.
Why now: ProPublica's earlier investigation into the company has now led to a federal fraud indictment of its CEO.
ProPublicaFlorida cybersecurity companythe company's CEO
Evidence
- NEW: A Florida cybersecurity company promised to help clients recover data from ransomware attackers. In a 2019 story, we found the company was making secret payments to hackers and pocketing hefty fees from clients. The CEO was just indicted for fraud. https://www.… · ProPublica@newsie.social · 20
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