s0e49 - A Ransomware "Recovery" CEO Secretly Paid Hackers — Then Got Indicted
A ransomware "recovery" company called Monster Cloud told clients it had proprietary decryption technology. In reality, it was secretly paying ransomware operators for decryptors and pocketing the difference without disclosing it — a scheme regulators are calling wire fraud. The company's CEO, Zohar Pinhassi (aka Zack Silver, Zack Green), has been indicted by a federal grand jury in the Eastern District of New York and is out on a $2 million bond. Jess and Jake break down how the scheme worked and why municipalities and other SLED (state/local/education) organizations -- whose charters often…
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