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Hive Ransomware | Breaking Cybersecurity News | The Hacker News

U.S. Offers $10 Million Bounty for Info Leading to Arrest of Hive Ransomware Leaders

U.S. Offers $10 Million Bounty for Info Leading to Arrest of Hive Ransomware Leaders

Feb 12, 2024 Dark Web / Cryptocurrency
The U.S. Department of State has  announced  monetary rewards of up to $10 million for information about individuals holding key positions within the Hive ransomware operation. It is also giving away an additional $5 million for specifics that could lead to the arrest and/or conviction of any person "conspiring to participate in or attempting to participate in Hive ransomware activity." The multi-million-dollar rewards come a little over a year after a coordinated law enforcement effort  covertly infiltrated and dismantled  the darknet infrastructure associated with the Hive ransomware-as-a-service (RaaS) gang. One person with suspected ties to the group was  arrested  in Paris in December 2023. Hive, which emerged in mid-2021, targeted more than 1,500 victims in over 80 countries, netting about $100 million in illegal revenues. In November 2023, Bitdefender  revealed  that a new ransomware group called Hunters International had acquired the source code and infrastructure
Hive Ransomware Attackers Extorted $100 Million from Over 1,300 Companies Worldwide

Hive Ransomware Attackers Extorted $100 Million from Over 1,300 Companies Worldwide

Nov 18, 2022
The threat actors behind the Hive ransomware-as-a-service (RaaS) scheme have launched attacks against over 1,300 companies across the world, netting the gang $100 million in illicit payments as of November 2022. "Hive ransomware has targeted a wide range of businesses and critical infrastructure sectors, including government facilities, communications, critical manufacturing, information technology, and — especially — Healthcare and Public Health (HPH)," U.S. cybersecurity and intelligence authorities  said  in an alert. Active since June 2021, Hive's RaaS operation involves a mix of developers, who create and manage the malware, and affiliates, who are responsible for conducting the attacks on target networks by often purchasing initial access from initial access brokers (IABs). In most cases, gaining a foothold involves the exploitation of  ProxyShell flaws  in Microsoft Exchange Server, followed by taking steps to terminate processes associated with antivirus engi
Experts Analyze Conti and Hive Ransomware Gangs' Chats With Their Victims

Experts Analyze Conti and Hive Ransomware Gangs' Chats With Their Victims

May 03, 2022
An analysis of four months of chat logs spanning more than 40 conversations between the operators of Conti and Hive ransomware and their victims has offered an insight into the groups' inner workings and their negotiation techniques. In one exchange, the Conti Team is said to have significantly reduced the ransom demand from a staggering $50 million to $1 million, a 98% drop, suggesting a willingness to settle for a far lower amount. "Both Conti and Hive are quick to lower ransom demands, routinely offering substantial reductions multiple times throughout negotiations," Cisco Talos  said  in a report shared with The Hacker News. "This signals that despite popular belief, victims of a ransomware attack actually have significant negotiating power." Conti  and  Hive  are among the most prevalent ransomware strains in the threat landscape, cumulatively accounting for  29.1% of attacks  detected during the three-month-period between October and December 2021. A
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Demonstrate Responsible AI: Get the ISO 42001 Compliance Checklist from Vanta

websiteVantaCompliance / Security Audit
ISO 42001 helps organizations demonstrate trustworthy AI practices in accordance with global standards. With Vanta, completing the requirements for ISO 42001 compliance can be done in a fraction of the time. Download the checklist to get started.
It's Time to Master the Lift & Shift: Migrating from VMware vSphere to Microsoft Azure

It's Time to Master the Lift & Shift: Migrating from VMware vSphere to Microsoft Azure

May 15, 2024Enterprise Security / Cloud Computing
While cloud adoption has been top of mind for many IT professionals for nearly a decade, it's only in recent months, with industry changes and announcements from key players, that many recognize the time to make the move is now. It may feel like a daunting task, but tools exist to help you move your virtual machines (VMs) to a public cloud provider – like Microsoft Azure – with relative ease. Transitioning from VMware vSphere to Microsoft Azure requires careful planning and execution to ensure a smooth migration process. In this guide, we'll walk through the steps involved in moving your virtualized infrastructure to the cloud giant, Microsoft Azure. Whether you're migrating your entire data center or specific workloads, these steps will help you navigate the transition effectively. 1. Assess Your Environment: Before diving into the migration process, assess your current VMware vSphere environment thoroughly. Identify all virtual machines (VMs), dependencies, and resource
New Incident Report Reveals How Hive Ransomware Targets Organizations

New Incident Report Reveals How Hive Ransomware Targets Organizations

Apr 21, 2022
A recent Hive ransomware attack carried out by an affiliate involved the exploitation of "ProxyShell" vulnerabilities in the Microsoft Exchange Server that were disclosed last year to encrypt an unnamed customer's network. "The actor managed to achieve its malicious goals and encrypt the environment in less than 72 hours from the initial compromise," Varonis security researcher, Nadav Ovadia,  said  in a post-mortem analysis of the incident.  Hive, which was  first observed  in June 2021, follows the lucrative ransomware-as-a-service (RaaS) scheme adopted by other cybercriminal groups in recent years, enabling affiliates to deploy the file-encrypting malware after gaining a foothold into their victims' networks. ProxyShell  — tracked as CVE-2021-31207, CVE-2021-34523, and CVE-2021-34473 — involves a combination of security feature bypass, privilege escalation, and remote code execution in the Microsoft Exchange Server, effectively granting the attacker
Master Key for Hive Ransomware Retrieved Using a Flaw in its Encryption Algorithm

Master Key for Hive Ransomware Retrieved Using a Flaw in its Encryption Algorithm

Feb 20, 2022
Researchers have detailed what they call the "first successful attempt" at decrypting data infected with Hive ransomware without relying on the private key used to lock access to the content. "We were able to recover the master key for generating the file encryption key without the attacker's private key, by using a cryptographic vulnerability identified through analysis," a group of academics from South Korea's Kookmin University  said  in a new paper dissecting its encryption process. Hive, like other cybercriminal groups, operates a ransomware-as-a-service that uses different mechanisms to compromise business networks, exfiltrate data, and encrypt data on the networks, and attempts to collect a ransom in exchange for access to the decryption software. It was  first observed  in June 2021, when it struck a company called Altus Group. Hive leverages a variety of initial compromise methods, including vulnerable RDP servers, compromised VPN credentials,
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