Business
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…
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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