The infrastructure affiliated with the Hive ransomware-as-a-assistance (RaaS) procedure has been seized as part of a coordinated legislation enforcement hard work involving 13 international locations.
“Law enforcement discovered the decryption keys and shared them with a lot of of the victims, serving to them get back accessibility to their facts devoid of shelling out the cybercriminals,” Europol mentioned in a assertion.
The U.S. Department of Justice (DoJ) stated the Federal Bureau of Investigation (FBI) penetrated the Hive networks in July 2022 and captured above 300 decryption keys that had been then handed about to corporations compromised by the gang, proficiently conserving $130 million in ransom payments.

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The FBI also distributed more than 1,000 supplemental decryption keys to earlier Hive victims, the DoJ included.
Hive, which sprang up in June 2021, has been a prolific cybercrime crew, launching attacks from 1,500 companies in no much less than 80 international locations and netting it $100 million in illicit income.
Qualified entities spanned a wide assortment of verticals, together with govt services, communications, critical manufacturing, information and facts technology, and healthcare.
According to data collected by MalwareBytes, Hive claimed 11 victims in November 2022, positioning it at the sixth spot behind Royal (45), LockBit (34), ALPHV (19), BianLian (16), and LV (16).
“Some Hive actors received access to victim’s networks by using solitary factor logins by using Distant Desktop Protocol, digital personal networks, and other distant network connection protocols,” Europol defined.
“In other cases, Hive actors bypassed multifactor authentication and received obtain by exploiting vulnerabilities. This enabled destructive cybercriminals to log in with out a prompt for the user’s next authentication factor by transforming the case of the username.”
The worldwide procedure consisted of authorities from Canada, France, Germany, Eire, Lithuania, the Netherlands, Norway, Portugal, Romania, Spain, Sweden, the U.K., and the U.S.
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Some areas of this post are sourced from:
thehackernews.com