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Fortune
Fortune
Marco Quiroz-Gutierrez

How the FBI prevented $130 million in crypto ransomware attacks by hacking the hackers behind Hive

FBI Hive Crypto Merrick Garland Health Care Justice Department
Attorney General Merrick Garland speaks during a news conference with Lisa Monaco, deputy U.S. attorney general, and FBI Director Christopher Wray. (Credit: Ting Shen—Bloomberg/Getty Images)

Hive ransomware group was not your average crime syndicate. 

Formed by a conglomeration of elite hacking teams, instead of scattered individuals, the group operated more like a parent company, licensing out its ransomware to subsidiaries worldwide. The operation was professional, and its ransomware interface was easy to use, complete with a username and password login for victims and a live chat option with the hackers. They even had a logo.

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