U.S. says it 'hacked the hackers' to bring down ransomware gang, helping 300 victims

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U.S. says it 'hacked the hackers' to bring down ransomware gang, helping 300 victims
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WASHINGTON — The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to…

At a news conference, U.S. Attorney General Merrick Garland, FBI Director Christopher Wray, and Deputy U.S. Attorney General Lisa Monaco said government hackers broke into Hive’s network and put the gang under surveillance, surreptitiously stealing the digital keys the group used to unlock victim organizations’ data.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.

Reuters was not immediately able to locate contact details for Hive. It is unclear where they were geographically based. Here, there were no seizures because investigators intervened before Hive demanded the payments. The undercover infiltration, which started in July 2022, went undetected by the gang until now.Hive was one the most prolific among a wide range of cybercriminal groups that extort international businesses by encrypting their data and demanding massive cryptocurrency payments in return.

Hive was a ransomware-as-a-service organization which means that it farmed out aspects of its hacking spree to affiliates in exchange for a cut of the proceeds.

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