Hive network that carried out over 1,500 cyberattacks worldwide dismantled – Collected $100 million in ransom

American and German authorities announced today that they have dismantled one of the most important ransomware attack networks worldwide, the Hivewhich reportedly targeted 1,500 businesses and organizations in 80 countries.

“Last night, the Department of Justice dismantled an international network that, using ransomware, obtained or attempted to obtain millions of dollars in ransom from its victims,” ​​US Secretary of State Merrick Garland said at a news conference.

The organization’s servers were seized and federal police seized its site on the dark web (darw web), the anonymous web off-limits to ordinary users.

The operation was carried out in cooperation with police authorities in Germany, the Netherlands and Europol, FBI Director Christopher Wray said, adding that the investigation is ongoing and those involved with Hive are at risk of arrest. Ray also urged citizens to learn the regulations surrounding classified information and handle it properly.

The Hive organization first surfaced in June 2021 and reportedly collected more than $100 million in ransoms. Its members infiltrated information systems with illegal ransom, encrypted company data and demanded payment to unlock networks. According to cybersecurity firms, Hive’s ransomware was used against US hospitals, German electronics chain Telemarkt and Indian automaker Tata. Prosecutors in Stuttgart, Germany, estimate that the group is responsible for more than 1,500 attacks worldwide, 70 of which took place in Germany.

RES-EMP

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