The FBI served a globally recognized hacking group a dose of their own medicine and shut the network down.

The government infiltrated a ransomware gang called Hive and thwarted a $130 million ransomware demand that impacted over 300 people. News about the take down leaked early Thursday after a message from Hive's website read "The Federal Bureau of Investigation seized this site as part of a coordinated law enforcement action taken against Hive Ransomware."

German Federal Criminal Police and the Dutch National High Tech Crime Unit were also involved in the effort and seized Hive's servers.

"Last night, the Justice Department dismantled an international ransomware network responsible for extorting and attempting to extort hundreds of millions of dollars from victims in the United States and around the world," U.S. Attorney General Merrick Garland said in a statement.

The Justice Department said Hive has targeted over 1,500 victims in over 80 countries over the years and racked up over $100 million.

No arrests have been made in connection with the takedown but Garland said the investigation is ongoing and to "stay tuned."

Some of the targeted victims in the thwarted attack include a Texas school district, which the group was set to demand $5 million, and a Louisiana hospital that would have forked over $3 million.

Share:
More In Technology
Unlocking the Potential of Edge Computing
Vinay Ravuri, Founder and CEO at EdgeQ, breaks down an all-new solution to unlock the full potential of edge computing and create a hyper-connected world; Cheddar gets a look at Curiosity Stream's 'Work in Progress.'
Creating a Hyper-Connected World
Vinay Ravuri, Founder and CEO at EdgeQ, joins Cheddar Innovates to discuss an all-new solution to unlock the full potential of edge computing and create a hyper-connected world.
Gov. Hutchinson on Arkansas Tech Transformation, AR-15 Age Limit
Arkansas is planning to reshape itself by putting a strong emphasis on technology through computer science in the classroom. Governor Asa Hutchinson joined Cheddar News Buffa to discuss the state's efforts to promote itself as a future tech hub. “It gives young people such a huge opportunity for success," he noted. The term-limited governor also touched on the issue of gun ownership, offering up the idea of possibly raising the age limit to obtain rifles like the AR-15 to 21 instead of 18 as it currently stands.
Elon Musk Says Remote Work 'No Longer Acceptable' at Tesla
Elon Musk is demanding his Tesla employees to return to the office full time, a minimum of at least 40 hours a week. The CEO also took a shot at other companies who have some form of work-from-home status. The ultimatum comes at a tumultuous time for Musk with the reveal of a sexual misconduct scandal and his attempted Twitter purchase.
Escaping the Cyber Complexity Trap
Bindu Sundaresan, Director, AT&T Cybersecurity, joins Cheddar to discuss best practices and important cybersecurity milestones to hit for any organization, and how small business owners can think about cyber beyond technology and compliance.
Load More