US authorities shut down Hive ransomware variant networks

International ransomware variant networks are taken down by US authorities. The Hive ransomware variant has been targeting victims in the USA and worldwide, including hospitals, schools, financial firms, and critical infrastructure.

The US Department of Justice announced that it seized the networks of a major international ransomware variant named Hive. The Hive ransomware was responsible for extorting and attempting to extort millions of dollars from victims in the USA and around the world, Attorney General Merrick B. Garland stated. More than 1,500 victims worldwide were targeted, including hospitals, schools, financial firms, and critical infrastructure, with an estimated loss of more than $150 million.