Colonial Pipeline Said to Pay Ransom to Hackers Who Caused Shutdown

Colonial Pipeline Co. paid a ransom to the criminal hackers who caused the company to shut down the country’s largest conduit of fuel, according to people familiar with the matter, a payment that allowed the firm to obtain decryption tools to try to unlock its computer systems.and said it was resuming service throughout its entire system Thursday after a cyberattack last week forced it to shut it down, leading to regional gasoline shortages and higher prices.

Energy analysts said it would likely take days before gasoline supplies are returned to normal in affected states in the Southeast., and that the decryption tool ultimately wasn’t effective in restoring operations. Instead, Colonial was able to recover by relying on system backups, Bloomberg reported. The Journal couldn’t corroborate the amount of the ransom payment.

Has nothing to do with current president, people are so damn ridiculous..

Well now the FBI can just trace the BTC back to the criminals.

Probably would have been a lot cheaper to invest in cybersecurity.

Just encouraging them

now, let’s LOWER GAS PRICES THAT WERE UNFAIRLY GOUGING AMERICANS.

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Colonial Pipeline paid hackers nearly $5 million in ransom - Bloomberg NewsColonial Pipeline declined to comment. U.S. House of Representative Speaker Nancy Pelosi said on Thursday ransom should not be paid by companies that are the victims of cyber attacks. The hackers provided Colonial Pipeline with a decrypting tool to restore its disabled computer network after they received the payment, but the company used its own backups to help restore the system since the tool was slow, Bloomberg News reported.
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