U.S. seizes most of Colonial Pipeline's $4.4M ransom payment

DOJ has created a task force on ransomware attacks, and the department recently announced that it was elevating the issue to the same severity level as terrorism, creating greater coordination between U.S. attorneys’ offices and prosecutors in Washington about which cases to charge. FBI Director Christopher WrayWray’s analogy, which was about the importance of public-private cooperation, underscored why ransomware has continued to plague society. For years, U.S.

President Joe Biden recently signed an executive order that requires federal contractors to report cyber incidents to the government, and bipartisan draft legislation would extend that obligation to critical infrastructure operators and major IT service providers. That Colonial even paid the ransom was another source of controversy, as U.S. officials routinely warn against doing so, saying it fuels more attacks. “You are encouraging the bad actors,” Energy Secretary Jennifer Granholm said on NBC’s “Meet the Press” on Sunday.

to obtain the seizure warrant reflects the challenges facing investigators as they try to recover ransom payments.

“Yes, we seized $2.27 million out of the $4.4 million that was paid. From this $1.93 million, we found that taxes were owed on $756,000, leaving $34.86 to be returned.”

But did you know it wasn't the pipeline hackers turned off? It was the billing. Colonial switched off power themselves... because they didn't want anyone to get freebies. Weird how NONE of mainstream media articles included this. ColonialPipeline

We need to force commodities companies that have internet facing portals to have “air gap” technology on all SCADA network control systems.

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