Colonial Pipeline paid Eastern European hackers nearly US$5 million in ransomSouth China Morning Post

Source: South China Morning PostColonial Pipeline Co. paid nearly US$5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.The company paid the hefty ransom in untraceable cryptocurrency within hours after the attack, underscoring the immense pressure faced by the Georgia-based operator to get petrol and jet fuel flowing again…Read More

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