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Hutchins had entered community college [a] and was struggling between completing his last year of work and the fixes to Kronos demanded by Vinny, further complicated with a drug addiction he gained while working on Kronos. [6] During this time, he met a person he knew as "Randy" online through hacking forums.
The National Cyber Security Centre identified the penetration testing tool Cobalt Strike, sold by American IT company HelpSystems, as being used to move through and infect HSE and Department of Health systems, to run executable files, and to deploy a variant of the Conti ransomware.
Ransomware is a type of malware that permanently blocks access to the victim's personal data unless a "ransom" is paid. While some simple ransomware may lock the system without damaging any files, more advanced malware uses a technique called cryptoviral extortion.
Hive (also known as the Hive ransomware group) was a ransomware as a service (RaaS) operation carried out by the eponymous cybercrime organization between June 2021 and January 2023. The group's purpose was to attack mainly public institutions to subsequently demand ransom for release of hijacked data.
The company was founded in January 2014 by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap. [4] [5] [6]Institutional Venture Partners (IVP) led a US$180 million Series D funding round in May 2017, at a US$1.3 billion valuation, bringing the company to at least US$292 million raised to date.
On 2 July 2021, a number of managed service providers (MSPs) and their customers became victims of a ransomware attack perpetrated by the REvil group, [1] causing widespread downtime for over 1,000 companies.
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