Colonial pipeline

Bloomberg (Bloomberg) — 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 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 difficult-to-trace cryptocurrency within hours after

Reuters WASHINGTON – Colonial Pipeline ramped up deliveries to fuel-starved markets up and down the East Coast on Friday following a nearly week-long outage caused by hackers, as Washington sought to reassure motorists that supplies would return to normal soon. The strike on the nation’s largest fuel pipeline was most disruptive cyberattack on record, triggering days of widespread panic buying

Reuters Colonial Pipeline paid nearly $5 million to Eastern European hackers on Friday after a crippling cyberattack that shut the largest fuel pipeline network in the United States, Bloomberg News reported, citing two people familiar with the transaction. The company paid the ransom in untraceable cryptocurrency within hours after the attack, according to the report. (bloom.bg/3hnngHz) Colonial Pipeline did not

Reuters NEW YORK  – The U.S. government and the top fuel pipeline operator in the United States on Monday worked to secure the network that transports nearly half of the East Coast’s fuel supplies, as the group suspected of a ransomware cyberattack that caused it to shutdown last week said it was just trying to make money. The attack on