Colonial Pipeline confirms it paid US$4.4mil to hackers


The operator of the US’s largest fuel pipeline has confirmed it paid US$4.4mil to a gang of hackers who broke into its computer systems, according to a report from the Wall Street Journal. — AP

NEW YORK: The operator of the US’s largest fuel pipeline confirmed it paid US$4.4mil (RM18.21mil) to a gang of hackers who broke into its computer systems.

Colonial Pipeline said Wednesday that after it learned of the May 7 ransomware attack, the company took its pipeline system offline and needed to do everything in its power to restart it quickly and safely, and made the decision then to pay the ransom.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ransomware

Next In Tech News

Alphabet considers first yen bond sale to fund AI goals
EU Commission in talks with OpenAI and Anthropic over AI models
Circle sees revenue boost as stablecoin demand rises amid volatility; shares up
AI labs should pass safety review to get US government contracts, group says
Disneyland rolls out facial recognition at US park's entrances
US prepares AI security order that omits mandatory model tests
Google settles racial discrimination lawsuit for US$50mil
Who are you getting your health advice from?
All those AI notetakers? They’re making lawyers very nervous.
Finding Nintendo adventures after 'Super Mario Galaxy Movie' ends

Others Also Read