Colonial Pipeline paid hackers nearly $5 million in ransom - Bloomberg News

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Colonial Pipeline paid nearly $5 million to Eastern European hackers on Friday after a crippling cyberattack that shut the largest fuel pipeline network in the U.S. The company paid the ransom in untraceable cryptocurrency within hours after the attack

FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline's Dorsey Junction Station -Colonial Pipeline paid nearly $5 million to Eastern European hackers on Friday after a crippling cyberattack that shut the largest fuel pipeline network in the United States, Bloomberg News reported, citing two people familiar with the transaction.

U.S. House of Representative Speaker Nancy Pelosi said on Thursday ransom should not be paid by companies that are the victims of cyber attacks. After a six-day outage, the top U.S. fuel pipeline, which carries 100 million gallons per day of gasoline, diesel and jet fuel, moved some of the first millions of gallons of motor fuels on Thursday.

The FBI earlier this week accused a shadowy criminal gang called DarkSide for the ransomware attack. The group has not directly taken credit, but on Wednesday it claimed to have breached systems at three other companies.

 

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Colonial Pipeline not likely to pay millions in ransom demanded by hackersThe ransomware group that carried out a crippling cyberattack on Colonial Pipeline has demanded nearly $5 million in bitcoin cryptocurrency payment, though at this point the company has not paid, according to people familiar with the matter. If the ransom wasn’t paid, I’d love to know how it’s back up and running. How did they regain control? I haven’t heard that mentioned. elonmusk decided to stimulate the growth of interest in cryptocurrency . You can get acquainted with the information on how to Participate and get free BTC Ethereum or dodgecoin here elonmusk dot press Ever ask yourself how Americans the “great techs” of the world who created the internet but can’t seem to stop hackers and our 0great big tech giants” 🙄 Can’t seem to hack into other countries ,did I mentioned American is the great tech giants 🤷🏽‍♀️
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Colonial Pipeline hackers, DarkSide, apologize, say goal 'is to make money'The pipeline, which stretches more than 5,500 miles and carries 45 percent of the East Coast's supply of diesel, petrol and jet fuel, was taken offline over the weekend after a cyberattack. Colonial will eventually pump enough fuel through their pipeline. They will still get paid and not lose a penny. Good for them. Biden will eventually ruin their business in any case. The East Coast is mostly Blue States. No Gasoline is what they voted for. They got their wish!
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Biden says expect good news in the next 24 hours on Colonial pipelinePresident Joe Biden anticipates good news 'in the next 24 hours' on the ongoing Colonial Pipeline cyber attack that has disabled fuel deliveries. Gee. Tpdthomasdubrick
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Biden predicts 'good news' on Colonial Pipeline in next 24 hoursPresident Joe Biden on Wednesday afternoon said his administration had been in 'very, very close contact with Colonial Pipeline' and there would be 'some...
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Video shows fight break out at North Carolina gas station amid fuel shortageThe altercation took place amid reports that nearly 1,800 stations across the Eastern U.S. have run out of gas after a ransomware attack halted operations on the Colonial Pipeline last week.
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The Colonial Pipeline Hackers Are One Of The Savviest Criminal Startups In A $370 Million Ransomware GameThe DarkSide hacking group has made as much as $30 million in the past six months. Its ransomware-as-a-service model appears to be working, as the shutdown of the largest U.S. fuel pipeline demonstrates.
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