Hive Ransomware Operation Apparently Shut Down by Law Enforcement

The Hive ransomware operation appears to have been shut down as part of a major law enforcement operation involving agencies in 10 countries. 

A message displayed in English and Russian on the Hive ransomware operation’s Tor-based website reads: The Federal Bureau of Investigation seized this site as part of a coordinated law enforcement action taken against Hive Ransomware.

Another message says the action was taken in coordination with Europol and authorities in Florida, which indicates that more details will likely be made available in the upcoming period by the Justice Department and Europol.

Until law enforcement agencies confirm the shutdown of Hive, there is a slight chance that the website seizure notice was posted by the cybercriminals themselves. Hacker groups falsely claiming to have been shut down by police is not unheard of. 

However, Allan Liska, a ransomware expert working for threat intelligence company Recorded Future, reported that the Hive infrastructure was seized. Liska also posted an image showing that many well-known ransomware groups have fallen.

The US government reported in November 2022 that the Hive ransomware gang had hit more than 1,300 businesses and made an estimated $100 million in ransom payments.

Data collected by the DarkFeed deep web intelligence project shows that Hive was still active last week. 

The Hive ransomware operation was launched in 2021. Offered under a ransomware-as-a-service (RaaS) model, the ransomware was often used against organizations in the healthcare sector, as well as other critical infrastructure. 

The hackers used malware to encrypt the target’s files, but not before stealing data that could be used to pressure the victim into paying up. 

A free decryptor for files encrypted with the Hive ransomware was released by a South Korean cybersecurity agency in the summer of 2022. 

Related: Russia Lays the Smackdown on REvil Ransomware Gang

Related: Six Arrested for Roles in Clop Ransomware Operation

Related: DarkSide Ransomware Shutdown: An Exit Scam or Running for Hills?

The post Hive Ransomware Operation Apparently Shut Down by Law Enforcement appeared first on SecurityWeek.

Read more: Hive Ransomware Operation Apparently Shut Down by Law Enforcement

Story added 26. January 2023, content source with full text you can find at link above.