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Colonial Pipeline CEO Confirms $4.4 Million Ransom Payment

Colonial Pipeline Co.’s CEO Joseph Blount says he authorized the payment of a $4.4 million ransom just hours after the company was hit by a DarkSide ransomware attack. Blount: ‘It was the right thing to do for the country. I wasnt comfortable seeing money go out the door to people like this” Cybersecurity research firm Elliptic said earlier that Colonial Pipeline had paid a ransom of more than $5 million. Lawmakers have expressed their displeasure with the scant amount of details Colonial Pipeline released since the incident first came to light.”]

Source: https://www.govinfosecurity.com/colonial-pipeline-ceo-confirms-44-million-ransom-payment-a-16696

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