Deputy US Attorney General Lisa Monaco announces the recovery of millions of dollars worth of cryptocurrency from the Colonial Pipeline Co. ransomware attacks, Justice Department in Washington, US, June 7, 2021.
The operation to recover the cryptocurrency from the Russia-based hacker group is the first undertaken by a specialised ransomware task force created by the Biden administration Justice Department, and reflects what US officials say is an increasingly aggressive approach to deal with a ransomware threat that in the last month has targeted critical industries around the world.
Georgia-based Colonial Pipeline, which supplies roughly half the fuel consumed on the East Coast, temporarily shut down its operations on May 7 after a gang of criminal hackers known as DarkSide broke into its computer system.Colonial officials have said they took their pipeline system offline before the attack could spread to its operating system, and decided to pay a roughly $4.4 million ransom in hopes of bringing itself back online as soon as it could.
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