The Federal Bureau of Investigation (FBI) has announced the closure of one of the most active ransomware gangs known as Hives. The group was accused of conducting numerous malicious operations and cybercrimes.
Hives is believed to have been operational since at least 2016 and is responsible for infecting thousands of organizations and businesses with Trojan malware. Officials reported that the ransomware gang had conducted large scale data breaches and cyber attacks, resulting in stolen confidential business and financial records.
The gang used various sophisticated techniques to hide their identity and their malicious activities, making it difficult for law enforcement to track them down. They utilized the dark web, strong encryption, and multiple layers of anonymity.
The FBI has been tracking the gang for some time and has worked in coordination with the Department of Justice to identify and take down the Hives ransomware gang.
The justice department has now brought down the cybercriminals and charged them with various counts of digital and data security violations. With this action, the FBI hopes to send a strong message to future cybercriminals that they will be brought to justice.
The closure of the Hives ransomware gang is an important step in protecting businesses and people from the threat of cybercrime. Organizations must continue to strengthen their digital security and use encryption to protect their data and financial records.
It is essential that businesses have a strong data security policy in place to protect themselves from future ransomware gangs and data breaches.
This Cyber News was published on heimdalsecurity.com. Publication date: Fri, 27 Jan 2023 11:24:02 +0000