Colonial Pipeline paid a ransom of nearly $ 5 million to Eastern European hackers

Colonial Pipeline paid a ransom of nearly $ 5 million to Eastern European hackers




Colonial Pipeline Co. paid nearly $ 5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying a blackmail fee for restoring the country’s largest fuel pipeline, according to two people familiar with the transaction numbers. The company paid the high ransom in incomprehensible cryptocurrency within hours of the attack, underscoring the immense pressure of the Georgia-based operator to get gasoline and jet fuel to flow again.

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Colonial Pipeline Co. paid nearly $ 5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying a blackmail fee for restoring the country’s largest fuel pipeline, according to two people familiar with the transaction numbers. The company paid the high ransom in incomprehensible cryptocurrency within hours of the attack, underscoring the immense pressure of the Georgia-based operator to get gasoline and jet fuel to flow again.

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