The United States has said that it had shut down a prolific cybercrime group known as the Hive, which had extorted more than a hundred million U. S. Dollars to more than 1500 victims worldwide. The US authority said that it worked with the German and Netherlands law enforcement and infiltrated the Hive group to recently sabotage their hacking attacks for more than six months. The Department of justice revealed the FBI gained deep access to the Hive ransomware group in a late July 2022.
The infiltration helped hundreds of companies avoid paying $130,000,000 in extortion demands made after Hive hacked and forced their data systems. Officers were able to warn victims of impending attacks.
Our investigative team lawfully infiltrated Hive's network and hid there for months, repeatedly swiping decryption keys and passing them on to victims to free them from ransomware. For months, we helped victims defeat their attackers and deprived the Hive network of extortion profits. Simply put, using lawful means, we hacked the hackers. We turned the tables on Hive.
Now ransomware, It's a type of malicious attack that infiltrates a computer network and makes files inaccessible. Hackers then demand ransom to unlock the system. Typically in form of cryptocurrency, the Hive group was known to reinfiltrate networks that tried to circumvent their attacks. Since it first emerged in 2021, more than 1500 companies and institutions have been hacked.
Their It systems or databases encrypted by Hive and backup deleted or rendered inaccessible. Hackers would demand large payments in exchange for freeing up the systems if victims refused to pay. And then Hive would publish confidential internal files and documents on the Internet.
Victims included India's, Tata Power, German retail giant Media, Mark, Costa Rica's Public Health Service, Indonesia's Gas Company and multiple US. Hospital groups according to Cybersecurity Advisors.
