Hive ransomware: modern, efficient business model
Washington (AFP) - The US Justice Department's shutdown Thursday of the Hive ransomware operation -- which extorted some $100 million from more than 1,500 victims worldwide -- highlights how hacking has become an ultra-efficient, specialized industry that can allow anyone to become a cyber-shakedown artist. Modern business modelHive operated in what cybersecurity experts call a "ransomware as a service" style, or RaaS -- a business that leases its software and methods to others to use in extorting a target. The model is central to the larger ransomware ecosystem, in which actors specialize in ...