acm-header
Sign In

Communications of the ACM

ACM News

Colonial Pipeline Paid Nearly $5 million in Ransomware Blackmail Payment


Route of the disrupted Colonial Pipeline.

Colonial Pipeline reportedly paid close to $5 million to have its locked systems decrypted.

Credit: Wendy Martinez/CBC

Colonial Pipeline reportedly paid the ransomware group responsible for a cyberattack last week close to $5 million to decrypt locked systems.

On Thursday, Bloomberg reported that two people close to the matter said a blackmail demand was agreed to within hours of the cyberattack that has impacted the fuel giant's systems for close to a week.

From ZDNet
View Full Article

 


 

No entries found

Sign In for Full Access
» Forgot Password? » Create an ACM Web Account