Reward Offers for Information to Bring Hive Ransomware Variant Co-Conspirators To Justice | #ransomware | #cybercrime

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. In addition, 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.

The Hive ransomware variant targeted victims in over 80 countries, including the United States. Beginning in late July 2022, the FBI penetrated Hive’s computer networks, obtained its decryption keys, and offered them to victims worldwide, preventing victims from having to pay up to $130 million in ransoms demanded.

Today’s announcement complements the Department of Justice announcement  that, with Europol, the German and Dutch authorities, and the United States Secret Service, it had seized control of Hive’s servers and websites, thereby disrupting Hive’s ability to further attack and extort victims.  We will continue to work with allies and partners to disrupt and deter ransomware actors that threaten the backbone of our economies and critical infrastructure.

This reward is offered under the Department of State’s Transnational Organized Crime Rewards Program (TOCRP), which supports law enforcement efforts to disrupt transnational crime globally and bring fugitives to justice.

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National Cyber Security