"Feds Offer $10 Million Reward for Hive Ransomware Hackers' Info"

1 min read
Source: CBS News
"Feds Offer $10 Million Reward for Hive Ransomware Hackers' Info"
Photo: CBS News
TL;DR Summary

The U.S. Department of State is offering rewards of up to $10 million for information on the leaders of the Hive ransomware gang and up to $5 million for those involved in Hive ransomware activity. The FBI's penetration of Hive's networks prevented victims from paying up to $130 million in ransoms, and the group has targeted over 1,500 institutions in more than 80 countries, including the U.S., resulting in the theft of over $100 million. Ransomware attacks, like those orchestrated by Hive, have impacted numerous sectors, including healthcare, and global ransomware payments exceeded $1 billion last year.

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