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Colonial Pipeline confirms it paid $4.4 million to hackers

Posted on May 20, 2021 by Dissent

Cathy Bussewitz of AP reports:

The operator of the nation’s largest fuel pipeline confirmed it paid $4.4 million to a gang of hackers who broke into its computer systems.

Colonial Pipeline said Wednesday that after it learned of the May 7 ransomware attack, the company took its pipeline system offline and needed to do everything in its power to restart it quickly and safely, and made the decision then to pay the ransom.

Read more on WSOC-TV.

Related posts:

  • Colonial Pipeline was hacked. No, wait, Accenture was hacked. No, wait….. untangling claims. (2)
  • Department of Justice Seizes $2.3 Million in Cryptocurrency Paid to the Ransomware Extortionists Darkside
  • One of country’s largest pipelines shuts down to contain cybersecurity breach
  • Ransomware Struck Another Pipeline Firm—and 70GB of Data Leaked
Category: Business SectorCommentaries and AnalysesMalwareU.S.

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