tci Medicare Compliance & Reimbursement - 2022 Issue Q4

Industry Notes: Joint Advisory Warns of Hive Ransomware Threat to Healthcare Sector

As 2022 winds down, another cyber threat looms — and this one seems especially dangerous for the healthcare sector. Nuts and bolts: On Nov. 17, the Department of Health and Human Services (HHS), the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) released a joint cybersecurity advisory (CSA) about the Hive ransomware. Since the feds noticed its entrance on the cybersecurity spectrum in June 2021, Hive ransomware has impacted more than 1,300 companies and collected $100 million in ransomware payments worldwide. “Hive ransomware follows the ransomware-as-a-service (RaaS) model in which developers create...

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