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From the Cybersecurity News Desk

Prolific  Ransomware Gang “Hive” Has Been Seized and Dismantled by the FBI

The ransomware gang “Hive” known for heavily targeting hospitals and other healthcare providers, went offline Thursday. Hive ransomware victimized over 1,300  companies worldwide, receiving approximately $100 million in ransom payments just last year. The Justice Department held a news conference in regard to the seizure.

In the news release, the Justice Department said that the U.S. worked with law enforcement officials in Germany and the Netherlands on a campaign to disrupt Hive.

The FBI had penetrated Hive’s computer networks since late July, enabling investigators to obtain decryption keys to help victims avoid paying millions in ransom payments that were being demanded by Hive hackers.

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