Pipeline CEO Admits to Paying $4.4m to Ransomware Hackers
The CEO of Colonial Pipeline has confirmed the company paid $4.4 mi.....»»
Colonial Pipeline CEO says paying $4.4 million ransom was ‘the right thing to do for the country’: report
The operator of the nation’s largest fuel pipeline confirmed it paid 75 Bitcoin, worth $4.4 million, to a gang of hackers who broke into its computer systems, according to a report Wed.....»»
Colonial Pipeline paid nearly $5 million in ransom after cyberattack: report
Colonial Pipeline paid Eastern European hackers nearly $5 million in an untraceable cryptocurrency last week in response to a ransomware attack, Bloomberg reported Thursday, citing people fam.....»»
Colonial Pipeline is just the latest energy asset hit by cyberattacks. Here’s a look at the growing menace.
The ransomware cyberattack on Colonial Pipeline isn’t the first time hackers have hit energy assets in America and beyond in rec.....»»
Suspected Colonial Pipeline hackers say they regret "creating problems": reports
The hacker group suspected to be behind a ransomware attack on Colonial Pipeline that has cut off the flow of fuel products to the U.S. East Coast released a statement Monday saying that it's goal was only to make money and not disrup.....»»
Ransomware attacks hit "under-resourced" city governments hardest, says cybersecurity expert whose kids" school was shut down by hackers for 4 days
Friday's DarkSide attack took down a major oil pipeline. A cybersecurity expert said such ransomware attacks tend to target local governments. Trucks line up at a Colonial Pipeline facility. Jay Reeves/AP Friday's DarkSide att.....»»
Capitol Report: White House says it didn’t offer advice to Colonial Pipeline over paying ransom to hackers
The Biden administration on Monday said it hasn't offered advice to Colonial Pipeline about paying a ransom after it was victimized by an attack over the weekend......»»
Study Finds Most Ransomware Solutions Just Pay Out Crypto
A study has found that most ransomware recovery services are actually just paying crypto ransoms to hackers......»»
Hackers post private info of hundreds of Tarrant County property owners on dark web
Tarrant Appraisal District pinned the blame on Medusa, a hacking group responsible for a recent ransomware attack on the district, WFAA reports......»»
One of the biggest US insurance companies reportedly paid hackers $40 million ransom after a cyberattack
CNA Financial's $40 million blowout could be one of the biggest ransomware payments yet, Bloomberg reported. Investors are pouring billions into cybersecurity star.....»»
Colonial Pipeline CEO says paying $4.4 million ransom was ‘the right thing to do for the country’
The operator of the nation’s largest fuel pipeline confirmed.....»»
U.S. government denies disrupting Russian ransomware ring that hacked Colonial Pipeline
Officials, speaking on the condition of anonymity because of the matter’s sensitivity, said military cyber operators did not undertake such an action nor had any other U.S. agency......»»
Colonial Pipeline CEO says paying $4.4 million ransom was ‘the right thing to do for the country’
Colonial chief executive Joseph Blunt said he decided early to make the payment after the company was unsure how much of its system was at risk......»»
Ransomware attacks add to bitcoin"s woes, shining a light on the use of cryptocurrencies in crime
Hackers have demanded to be paid in cryptocurrencies in recent high-profile cyberattacks, raising the old issue of bitcoin and crime. Critics have long highlighted bitcoin's use in crime. Cesc Maymo/Getty Images Ra.....»»
Colonial Pipeline hit by new computer problem
Trying to install fixes to avoid another ransomware attack, the company may have caused glitches in the system used by shippers for communication......»»
Colonial Pipeline Admits Shippers" Comms System Is "Experiencing Network Issues"
Colonial Pipeline Admits Shippers" Comms System Is "Experiencing Network Issues".....»»
Fuel Crisis Eases As Colonial Pipeline Returns To Normal After Ransomware Attack
The Colonial Pipeline Co. said Saturday that it has returned its service to normal operations. read more.....»»
: Bitcoin extortion: How cryptocurrency has enabled a massive surge in ransomware attacks
The Colonial Pipeline episode is likely to bring even greater interest in the regulation of bitcoin and other cryptocurrencies as law enforcement seeks to track down the perpetrators, and policymakers hope to prevent similar attacks from happening again......»»
Here Are The States Hardest Hit By The Gasoline Shortage
Here Are The States Hardest Hit By The Gasoline Shortage Colonial Pipeline restarted operations Wednesday evening after a ransomware attack paralyz.....»»
Biden refuses to say if he knew Colonial Pipeline paid hackers $4M-$5M to get pipeline back online per reports
Colonial Pipeline Co. may have paid between $4 million and $5 million to hackers in order to get its pipeline back up and running......»»
U.S. oil prices log lowest settlement since April
Oil futures declined Thursday, with U.S. prices settling at their lowest level so far this month, following news that Colonial Pipeline has restarted operations following a ransomware-related operat.....»»