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Florida cybersecurity owner accused of misleading ransomware victims; prosecutors allege his firm charged them over $19 million while secretly paying hackers more than $8 million

  • TOI World Desk--The Times of India
  • published date: 2026-10-10 17:39:05 UTC

Zohar Pinhasi, the owner of MonsterCloud, faces charges of wire fraud related to his cybersecurity business. Prosecutors allege he misrepresented his firm's capabilities to clients facing ransomware attacks. Instead of recovering data without ransom payment, …

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