Security News > 2024 > February > US offers $10 million for tips on Hive ransomware leadership

The U.S. State Department offers rewards of up to $10 million for information that could help locate, identify, or arrest members of the Hive ransomware gang.

"Today, the Department of State is announcing a reward offer of up to $10,000,000 for information leading to the identification and/or location of any individual(s) who hold a key leadership position in the Hive ransomware variant transnational organized crime group," the State Department said.

We are also announcing a reward of up to $5,000,000 for information leading to the arrest and/or conviction of any individual in any country conspiring to participate in or attempting to participate in Hive ransomware activity."

In January 2023, the U.S. government also announced rewards of up to $10 million for tips that could help link Hive ransomware with foreign governments.

"Since infiltrating Hive's network in July 2022, the FBI has provided over 300 decryption keys to Hive victims who were under attack. In addition, the FBI distributed over 1,000 additional decryption keys to previous Hive victims."

Unlike other ransomware groups that avoid targeting emergency services and healthcare entities, Hive does not discriminate and will breach and encrypt any target.

News URL

https://www.bleepingcomputer.com/news/security/us-offers-10-million-for-tips-on-hive-ransomware-leadership/