Colonial Pipeline CEO Admits Paying $4.4 Million to Darkside Ransomware Attackers
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Speaking at the RSA conference, the Colonial Pipeline’s CEO Joseph Blount admitted to paying the Darkside ransomware attackers $4.4 million, saying that the controversial decision was “the right thing to do for the country.”
In return, the company received a decryption tool from the cybercriminals, which was slow to work and wasn’t enough to restore the pipeline’s systems immediately. (Collin Eaton and Dustin Volz / Wall Street Journal)
Related: PerthNow, JDSupra, Dark Reading, BBC News - World, Dark Reading, Wall Street Journal, TechTarget, The Verge, The Guardian, Courthouse News Service, The Guardian, The Hacker News, ABC.net.au, Business Insider, The Hill: Cybersecurity, New Statesman Contents, Washington Examiner, SecurityWeek, The Hill: Cybersecurity, DataBreachToday.com, SC Magazine, The Register - Security, Homeland Security Today, CNN.com - Politics, Slashdot, Bloomberg…
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