Monday, December 6, 2021

Colonial Pipeline

FBI hacks hackers’ bitcoin wallet, steals back most of pipeline ransom

Stealing back a ransom shows how far the US is willing to go to deter cyber-criminals.

Boss of hacked US oil pipeline confirms US$4.4 million ransom payment

The CEO estimated that the attack would ultimately cost the company tens of millions of dollars.

European hackers given US$5 million for ‘key’ to reopen US pipeline

The company reportedly paid the ransom in untraceable cryptocurrency.

Vital US fuel pipeline shut down in ransom cyber-attack

The Colonial Pipeline carries more than 100 million gallons of gasoline and other fuel daily from Houston, Texas, to the New York Harbor.

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