Understanding Hive Ransomware

Understanding Hive Ransomware

Hive Ransomware Group

What is Hive Ransomware?

Netragard Penetration Testing Company is a cybersecurity company that is dedicated to helping businesses protect themselves against real-world threat actors, including those who use Hive Ransomware. Ransomware is a type of malware that encrypts a victim’s files and demands payment in exchange for their release. It has become a major threat to businesses in recent years, as hackers have increasingly turned to this tactic to extort money from organizations.

Hive Ransomware Group

One group that has been particularly active in carrying out ransomware attacks is known as Hive. This group, which has ties to Russia, has been operating since June 2021 and follows the ransomware-as-a-service model. This means that the group’s developers create, maintain, and update the malware, while affiliates conduct the actual attacks. Hive is known to use a variety of tactics to compromise targeted networks, including spear-phishing emails with malicious attachments and exploiting vulnerabilities in Remote Desktop Protocol (RDP) to move laterally across networks.

Recently, Hive targeted the Lake Charles Memorial Health System in Louisiana, accessing the personal data of nearly 270,000 patients and attempting to encrypt the hospital’s computers. Fortunately, the health system’s own security team was able to detect the hack and prevent any disruption to patient care. However, this incident highlights the significant risk that ransomware poses to healthcare providers, which are often short on cybersecurity resources.

Once it has gained access to a victim’s network, Hive ransomware encrypts files and leaves a ransom note on each affected directory. The note provides instructions on how to purchase the decryption software and threatens to leak the victim’s sensitive data on a dark web website called HiveLeaks. The group has also been known to terminate computer backup and restore, antivirus and antispyware, and file copying to reduce available forensic evidence. It then creates batch files to delete the Hive executable, disc backup copies or snapshots, and the batch files.

If your business is concerned about the threat of Hive ransomware attacks, reach out to the cybersecurity experts at Netragard. We have the knowledge and experience to help you defend against these types of threats and keep your business safe. Contact Us today to learn more about how we can help.

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Karen Huggins

Chief Financial, HR and Admin Officer
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Karen joined the Netragard team in 2017 and oversees Netragard’s financial, human resources as well as administration functions. She also provides project management support to the operations and overall strategy of Netragard.
 
Prior to joining Netragard, she worked at RBC Investor Services Bank in Luxembourg in the role of Financial Advisor to the Global CIO of Investor Services, as well as several years managing the Financial Risk team to develop and implement new processes in line with regulatory requirements around their supplier services/cost and to minimize the residual risk to the organization.
 
With over 20 years of experience in finance with global organizations, she brings new perspective that will help the organization become more efficient as a team. She received her Bachelor of Finance from The Florida State University in the US and her Master of Business Administration at ESSEC Business School in Paris, France.

Philippe Caturegli

Chief Hacking Officer
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Philippe has over 20 years of experience in information security. Prior to joining Netragard, Philippe was a Senior Manager within the Information & Technology Risk practice at Deloitte Luxembourg where he led a team in charge of Security & Privacy engagements.

Philippe has over 10 years of experience in the banking and financial sector that includes security assessment of large and complex infrastructures and penetration testing of data & voice networks, operating systems, middleware and web applications in Europe, US and Middle East.

Previously, Philippe held roles within the information system security department of a global pharmaceutical company in London. While working with a heterogeneous network of over 100,000 users across the world and strict regulatory requirements, Philippe gained hands-on experience with various security technologies (VPN, Network and Application Firewalls, IDS, IPS, Host Intrusion Prevention, etc.)

Philippe actively participates in the Information Security community. He has discovered and published several security vulnerabilities in leading products such as Cisco, Symantec and Hewlett-Packard.

He is a Certified Information Systems Security Professional (CISSP), Certified Ethical Hacker (CEH), PCI Qualified Security Assessors (PCI-QSA), OSSTMM Professional Security Analyst (OPSA), OSSTMM Professional Security Tester (OPST), Certified in Risk and Information Systems Control (CRISC)and Associate Member of the Business Continuity Institute (AMBCI).

Adriel Desautels

Chief Technology Officer
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Adriel T. Desautels, has over 20 years of professional experience in information security. In 1998, Adriel founded Secure Network Operations, Inc. which was home to the SNOsoft Research Team. SNOsoft gained worldwide recognition for its vulnerability research work which played a pivotal role in helping to establish today’s best practices for responsible disclosure. While running SNOsoft, Adriel created the zeroday Exploit Acquisition Program (“EAP”), which was transferred to, and continued to operate under Netragard.
 
In 2006, Adriel founded Netragard on the premise of delivering high-quality Realistic Threat Penetration Testing services, known today as Red Teaming. Adriel continues to act as a primary architect behind Netragard’s services, created and manages Netragard’s 0-day Exploit Acquisition Program and continues to be an advocate for ethical 0-day research, use and sales.
 
Adriel is frequently interviewed as a subject matter expert by media outlets that include, Forbes, The Economist, Bloomberg, Ars Technica, Gizmodo, and The Register. Adriel is often an invited keynote or panelist at events such as Blackhat USA, InfoSec World, VICELAND Cyberwar, BSides, and NAW Billion Dollar CIO Roundtable.