AH SHOD DER GELT: Colonial Pipeline Reportedly Paid Hackers $5 Million In Ransomware Attack

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Colonial Pipeline forked over nearly $5 million last week to the Eastern European criminal group that hacked the company, shuttering the largest oil pipeline in the US, spurring widespread gas shortages and panic buying across the Southeast.

Bloomberg News reported that Colonial coughed up the ransom just hours after the ransomware attack took place on Friday.

The Alpharetta, Georgia-based company paid the ransom in untraceable cryptocurrency, Bloomberg reported, citing two people familiar with the transaction.

Once the hackers received the payment, they provided Colonial with a decrypting tool to restore its downed IT network, according to the outlet, which reported the fix was so slow that the company opted to use its own backups to help restore the system.

Read more at NY Post.

{Matzav.com}


3 COMMENTS

  1. The oil company got off cheap. They told me that they wanted 70 million in Bitcoin. Next ransom will not be so nice. Texaco Mobil citgo and chevron watch out.
    The water system is being scouted.
    So is the milk and almond milk supply line.

    • The pipeline was hacked by the Deep State Cabal who are still trying to flex their muscles as the military is taking them down.

      BTW, Bitcoin is crashing and will become obsolete very soon. It already went down 12%. Who do you think is behind Bitcoin?

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