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Cyber Security

Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals

Colonial Pipeline restored operations to its entire pipeline system nearly a week after a ransomware infection targeting its IT systems. The company’s official website, however, has been taken offline as of writing with an access denied message “This request was blocked by the security rules” The U.S. Cybersecurity and Infrastructure Security Agency doesn’t condone paying a ransom to criminal actors, as doing so may embolden adversaries to target more organizations and encourage other cybercriminals to engage in the distribution of ransomware. The operators of the DarkSide ransomware issued a statement on their dark web extortion site, pledging it intends to vet the companies its affiliates are targeting going forward to “avoid social consequences in the future”

Source: https://thehackernews.com/2021/05/colonial-pipeline-paid-nearly-5-million.html

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