You are currently viewing FBI shuts down Hive ransomware group.
Source : Bleeping Computer

The Federal Bureau of Investigation (FBI) recently announced that they had successfully taken down the Hive Criminal Ransomware Group, a notorious cybercrime organization responsible for a large number of ransomware attacks against businesses and individuals in the United States and around the world.

Hive was one of the most active and sophisticated ransomware groups, using complex tactics to evade detection and carry out their attacks. « The FBI says the group and its Ransomware-as-a-Service (RaaS) affiliates had hauled in at least 100 million dollars in ransoms. That money came from schools, hospitals, and hundreds of other victim organizations around the globe. » Hive typically targeted large corporations, government agencies, and healthcare organizations, using sophisticated malware to encrypt the victim’s data and then demanding a ransom payment in exchange for the decryption key.

The FBI worked with law enforcement agencies in several countries to track down the members of the Hive group, who were operating out of multiple countries. Several arrests have been made and several servers used by the group were seized.

The takedown of Hive is a significant blow to the world of cybercrime, as the group was responsible for a large number of high-profile attacks and became one of the most feared ransomware organizations in the world. FBI’s success in disrupting Hive’s operations sends a strong message to other ransomware groups and cybercriminals, and demonstrates the dedication and determination of law enforcement to protect the public from these kinds of threats.

While the takedown of Hive is a major victory for the FBI and the fight against cybercrime, it is important to remember that other similar groups exist and that individuals and organizations must continue to take steps to protect themselves against ransomware attacks. This includes regularly backing up important data, keeping software and systems up to date, and being cautious of suspicious emails and links.

In conclusion, the FBI’s success in taking down Hive Criminal Ransomware Group serves as a reminder of the importance of cybersecurity and the ongoing threat posed by cybercriminals. It is a warning to other ransomware groups and a message of hope for victims of cybercrime everywhere.

Sources 

https://www.scmagazine.com/feature/leadership/hive-takedown-illustrates-fbis-evolution-towards-victim-recovery-efforts

https://www.scientificamerican.com/article/fbi-takes-down-hive-criminal-ransomware-group1/

https://blogs.blackberry.com/en/2023/01/hive-ransomware-100-million-in-profits-then-the-fbi-hid-inside-their-network