Published 1 year ago

Hive ransomware: modern, efficient business model

Summary by Philstar Global

Hive operated in what cybersecurity experts call a "ransomware as a service" style, or RaaS -- a business that leases it software and methods to others to use in extorting a target.

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The Star Kuala Lumpur

Hive ransomware: Modern, efficient business model

The US Justice Department’s shutdown Jan 26 of the Hive ransomware operation – which extorted some US$100mil (RM422.95mil) from more than 1,500 victims worldwide – highlights how hacking has become an ultra-efficient, specialised industry that can allow anyone to become a cyber-shakedown artist. Read full story

1 year ago·Malaysia

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IBTimes

Hive Ransomware: Modern, Efficient Business Model

Hive ransomware: modern, efficient business model

1 year ago·United States

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Philstar Global

Hive ransomware: modern, efficient business model

Hive operated in what cybersecurity experts call a "ransomware as a service" style, or RaaS -- a business that leases it software and methods to others to use in extorting a target.

1 year ago·Manila, Philippines

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Deccan Herald

Hive ransomware: Modern, efficient business model

The US Justice Department's shutdown Thursday of the Hive ransomware operation -- which extorted some $100 million from more than 1,5000 victims worldwide -- highlights how hacking has become an ultra-efficient, specialized industry that can allow anyone to become a cyber-shakedown artist. Hive operated in what cybersecurity experts call a "ransomware as a service" style, or

1 year ago

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