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Colonial Pipeline reported that it shut down the pipeline as a precaution due to a concern that the hackers might have obtained information allowing them to carry out further attacks on vulnerable parts of the pipeline. The day after the attack, Colonial could not confirm at that time when the pipeline would resume normal functions. [7]
Last month, the Colonial pipeline, which supplies gas to the East Coast, was shut down because of a ransomware hack. The company executives eventually paid 75 bitcoin, worth approximately $4.4 ...
As Colonial Pipeline continues to work on getting its supply chain back to normal after a cyberattack, multiple reports now say the company paid nearly $5 million to the ransomware group behind it.
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 ...
Colonial Pipeline did not say what was demanded or by whom, but ransomware attacks typically involve criminal hackers who seize data and demand a large payment to release it. A U.S. energy company ...
Colonial Pipeline paid almost $5 million in ransom to the European hackers behind last weekend’s cyberattack on the company’s network, which led to a six-day shutdown and gas shortages along ...
SEE ALSO: Teen ransomware 'K!NG' blew his loot on drugs, gambling, and sex "Colonial Pipeline is taking steps to understand and resolve this issue," continued the company's statement.
It was patriotism that made Colonial Pipeline pay millions in ransom to hackers who gained control of a crucial conduit, the company’s CEO said Wednesday. CEO Joseph Blount admitted to paying $4 ...