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Colonial Pipeline CEO confirms company paid $5.6 million ransom to ‘DarkSide’ hackers – ABC News

A major US fuel pipeline operator paid $US4.4 million ($5.6 million) in ransom to hackers following a cyberattack that shut its entire network because it was “the…

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One of the United States’ major fuel pipeline operators paid $US4.4 million ($5.6 million) in ransom to hackers following a cyber attack that shut its entire network because it was “the right thing to do for the country”.
Key points:

  • Colonial Pipeline CEO Joseph Blount said the “highly controversial” payment was necessary given the debilitating impact of the multi-day shutdown
  • His remarks amount to the first public acknowledgement by the company of the ransom payment
  • Unknown actors last Friday shut…

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