Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

US Shuts Down Ransomware Group "Hive" That Extorted Over $100 Million

US Shuts Down Ransomware Group "Hive" That Extorted Over $100 Million

US Attorney General Merrick Garland said that US authorities working with German and Netherlands law enforcement took over Hive's website and servers after having infiltrated it for nearly seven months
The US Justice Department announced Thursday it had shut down the Hive ransomware operation, which had extorted more than $100 million from more than 1,500 victims worldwide.

US Attorney General Merrick Garland said that US authorities working with German and Netherlands law enforcement took over Hive's website and servers after having infiltrated it for nearly seven months.

The infiltration helped hundreds of companies avoid paying $130 million in extortion demands made after Hive hacked and froze their data systems.

Deputy Attorney General Lisa Monaco called the operation to infiltrate Hive a "21st-century cyber stakeout."

"We hacked the hackers," she said.

Hive operated as a ransomware service, meaning anyone could hire its software and other services to help hack into and lock down a target's IT systems, and to process payments. Hive and the client would share the profits from the extortion.

Since it first emerged in 2021 more than 1,500 companies and institutions have been hacked -- their IT systems or databases encrypted by Hive and backup deleted or rendered inaccessible.

The hackers would demand large payments, often in cryptocurrency, in exchange for freeing up the systems.

If victims refused to pay, Hive would publish confidential internal files and documents on the internet.

Victims included India's Tata Power, German retail giant Media Markt, Costa Rica's public health service, Indonesia's state gas company and multiple US hospital groups, according to cybersecurity advisors.

Early on Thursday, Hive's website on the dark web was frozen and a screen alternating in English and Russian said it had been taken over by the US Federal Bureau of Investigation.

US officials said that by breaking into Hive's dark-web site and collecting information, Justice authorities were able to obtain the digital keys necessary to unlock a victim's frozen data so that they were not forced to pay Hive.

This helped prevent a Texas school district, and Louisiana hospital, and an unnamed foods services company from having to pay millions of dollars in ransom after being hit by a Hive attack, for example, they said.

"For months, we helped victims defeat their attackers and deprived the Hive network of extortion profits," said Monaco.

US authorities would not say who is behind Hive or whether any arrests would accompany the shutdown of the operation, saying the investigation is ongoing.

The investigation involved the US FBI, the German Reutlingen Police Headquarters, the German Federal Criminal Police, the Netherlands National High Tech Crime Unit, and Europol.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Man Convicted of Fraud After Booking Over 120 Free Flights Posing as Flight Attendant
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Hungarian Parliament Approves Citizenship Suspension Law
Prime Minister Orbán Criticizes EU's Ukraine Accession Plans
Hungarian Delicacies Introduced to Japanese Market
Hungary's Industrial Output Rises Amid Battery Sector Slump
President Sulyok Celebrates 15 Years of Hungarian Unity Efforts
Hungary's Szeleczki Shines at World Judo Championships
Visegrád Construction Trends Diverge as Hungary Lags
Hungary Hosts National Quantum Technology Workshop
Hungarian Animation Featured at Annecy Festival
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
UK and EU Reach New Economic Agreement
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Austrian School Shooting Leaves Nine Dead in Graz
Bezos's Lavish Venice Wedding Sparks Local Protests
Europe Prepares for Historic Lunar Rover Landing
Italian Parents Seek Therapy Amid Lengthy School Holidays
British Fishing Vessel Seized by France Fined €30,000
Dutch Government Collapses Amid Migration Policy Dispute
UK Commits to 3.5% GDP Defence Spending Under NATO Pressure
Germany Moves to Expedite Migrant Deportations
US Urges UK to Raise Defence Spending to 5% of GDP
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Low Turnout Jeopardizes Italy's Citizenship Reform Referendum
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
EU Lawmaker Calls for Broader Exemptions in Supply Chain Legislation
France's Defense Spending Plans Threatened by High National Debt
European Small-Cap Stocks Outperform U.S. Rivals Amid Growth Revival
Switzerland Proposes $26 Billion Capital Increase for UBS
×