Saturday, July 27, 2024

Colonial Pipeline made $4.4-million payment to hackers

Colonial Pipeline CEO Joseph Blount confirmed that he authorized a $4.4-million ransom payment to hackers in order to get the critical energy artery operating. The company paid about 75 bitcoin in exchange for decryption software, the Wall Street Journal reported. “I didn’t make it lightly,” Blount said. “I will admit that I wasn’t comfortable seeing money go out the door to people like this.” The ransomware infection at Colonial highlighted the vulnerability of critical infrastructure. The FBI blamed the attack on a group called Darkside, which is believed to be based in Russia.

 

https://www.cnet.com/news/colonial-pipeline-ceo-confirms-4-4-million-ransomware-payment/

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

Gang kills women and children in Papua New Guinea massacre – reports

(BBC News) Dozens of villagers have reportedly been killed after a gang of young men launched a series of attacks in a remote region...

Ten people drown in Panama river as migration risks escalate

(Al Jazeera Media Network) Ten people have drowned in a river near Panama’s border with Colombia, Panamanian border police say, as the rainy season increases the...