U.S. DOJ Cracks Down on Major Ransomware Group Hive πŸ›‘οΈ

The Department of Justice announced on Jan. 26 that it successfully disrupted Hive, a notorious ransomware group, marking a significant victory against cybercrime. Learn more about this major takedown and its impact.

U.S. DOJ Cracks Down on Major Ransomware Group Hive πŸ›‘οΈ
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419 views β€’ Jan 27, 2023
U.S. DOJ Cracks Down on Major Ransomware Group Hive πŸ›‘οΈ

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DOJ Takes Down , Major Ransomware Group.<br />CNET reports that on Jan. 26, the U.S. Department of Justice (DOJ) said it disrupted the operations of Hive, a ransomware group.<br />The department began <br />infiltrating the group in July 2022.<br />As a result, the DOJ says it helped victims evade $130 million in ransom payments.<br />According to the DOJ, Hive, using a network of "affiliates," extorted financial institutions, hospitals, school districts and more in 80 countries. .<br />According to the DOJ, Hive, using a network of "affiliates," extorted financial institutions, hospitals, school districts and more in 80 countries. .<br />Since 2021, Hive targeted <br />more than 1,500 victims globally.<br />CNET reports that the DOJ says it has recovered <br />decryption keys for 300 victims who were currently being attacked and 1,000 decryption keys for previous victims. .<br />Experts continue to warn that critical infrastructure remains vulnerable to cyberattacks.<br />The 2021 ransomware attack on the <br />Colonial Pipeline is evidence of that.<br />The attack caused the pipeline <br />to shut down for five days.<br />Prices soared due to fears of gas shortages

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419

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1:30

Published

Jan 27, 2023

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