Report: Colonial confirms it paid $4.4M to pipeline hackers

Report: Colonial confirms it paid $4.4M to pipeline hackers

3 years ago
Anonymous $LNMzUc6XNz

https://apnews.com/ed1556556c7af6220e6990978ab4f745

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, according to a report Wednesday from The Wall Street Journal.

Colonial Pipeline's CEO, Joseph Blount, told the Journal he authorized the payment after the May 7 ransomware attack because the company didn't know the extent of the damage and wasn't sure how long it would take to bring the pipeline's systems back.

Report: Colonial confirms it paid $4.4M to pipeline hackers

May 19, 2021, 6:36pm UTC
https://apnews.com/ed1556556c7af6220e6990978ab4f745 > 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, according to a report Wednesday from The Wall Street Journal. > Colonial Pipeline's CEO, Joseph Blount, told the Journal he authorized the payment after the May 7 ransomware attack because the company didn't know the extent of the damage and wasn't sure how long it would take to bring the pipeline's systems back.