TechnologyHow important is the hit to the "Hive"?

How important is the hit to the “Hive”?

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“Hive” blackmailed companies and organizations on a large scale. Now the network is broken. ZDFheute explains the background.

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The global hacker network “Hive” has been crashed. This was reported on Thursday by the Reutlingen police, the Stuttgart prosecutor and the US Department of Justice.

Baden-Württemberg Justice Minister Marion Gentges said that “a major blow against organized cybercrime” was successful. How important is it really? ZDFtoday clarifies the most important questions.

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What is “The Hive” anyway?

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“Hive” is a network that exposes malware called ransomware. Criminals use them to restrict or block access to company data and systems. They then demanded a ransom for his release. Blackmail tools have been developed for this purpose in order to put pressure on victims by publishing sensitive data.

Since mid-2021, more than 1,500 companies worldwide have been hacked in this way, including 70 in Germany. More than 100 million US dollars are said to have been stolen.

    Source: ZDF

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    Ashley
    Ashley
    I'm Ashley Robinson, a professional writer and journalist. I specialize in news writing and have been working for the past five years with News Unrolled. My main focus is on technology-related topics, though I also write about politics, healthcare, and business from time to time.

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