Blog | G5 Cyber Security

Hackers behind Colonial Pipeline attack reportedly received $90 million in bitcoin before shutting down

DarkSide received a total of $90 million in bitcoin ransom payments before shutting down last week. Colonial Pipeline was hit with a devastating cyberattack earlier this month that forced the company to shut down approximately 5,500 miles of pipeline in the United States. The FBI blamed the attack on DarkSide, a cybercriminal gang believed to be based in Eastern Europe. DarkSide operates what’s known as a “ransomware as a service” business model, meaning the hackers develop and market tools and sell them to other criminals.”]

Source: https://www.cnbc.com/2021/05/18/colonial-pipeline-hackers-darkside-received-90-million-in-bitcoin.html

Exit mobile version