Hive Ransomware Operators Extort $100m from Over 1,300 Firms Worldwide

 

The operators behind the Hive ransomware-as-a-service (RaaS) model have launched assaults against over 1,300 firms across the globe and received approximately $100 million in ransom payments as of November 2022, US government agencies stated in an alert. 

Active since June 2021, the malicious ransomware model has been employed in assaults against enterprises and critical infrastructure entities, including healthcare, government, communications, IT, and manufacturing organizations. 

“Hive ransomware has targeted a wide range of businesses and critical infrastructure sectors, including government facilities, communications, critical manufacturing, information technology, and — especially — Healthcare and Public Health (HPH),” read the joint advisory by the FBI, the US Cybersecurity and Infrastructure Security Agency, and the Department of Health and Human Services.

Modus Operandi 

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