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The FBI claimed it recovered millions of dollars in Bitcoin paid as ransom during the attack against the Colonial Pipeline — a feat that is now generating more questions than answers.
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 ...
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]
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 ...
The operator of a pipeline that transports fuel across the East Coast said Saturday it was the victim of a ransomware attack and temporarily halted all pipeline operations. Colonial Pipeline did ...
Even if U.S. firm Colonial Pipeline restores supplies by the end of this week, the ransomware attack that hit the pipeline supplying 45% of East Coast U.S. fuel has already been amongst the most ...
Alpharetta, Georgia-based Colonial Pipeline and the U.S. government have both blamed ransomware for the massive outage, pointing the finger at cybercriminal gangs who routinely hold data and ...
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.