What is Hive ransomware? Hive ransomware has been one of the most prolific ransomware strains since launching in 2021, collecting at least $100 million in victim payments during that time, with some individual payments reaching into the tens of millions. We can see Hive representatives using the threat of data leaks as a negotiating tactic in the chat screenshot below. Hive was also one of many ransomware strains to rely on now-sanctioned cryptocurrency exchange Garantex to launder funds extorted from victims. It’s also possible that other ransomware strains’ infrastructure has been infiltrated by authorities in much the same way — we won’t know until there’s an announcement.