Hive takedown puts ‘small dent’ in ransomware problem
06-Feb-23
An important victory in the war against ransomware was achieved by the Justice Department’s months-long disruption campaign and seizure of the Hive ransomware group’s IT infrastructure, benefiting both hospitals and educational institutions. However, experts do not anticipate that it will eventually lessen the ongoing danger or the dynamics driving ransomware activity. The Justice Department reported last month that the Hive ransomware gang targeted more than 1,500 entities throughout the globe, including software suppliers and healthcare facilities. Since the gang was initially discovered in June 2021, it has gotten more than $100 million in ransom payments.
