Cybersecurity experts question the impact of the Colonial Pipeline’s apparent ransom payment. Some cybersecurity experts say the apparent payment is likely to have little influence on other attacks on critical infrastructure providers. The company’s May 7 attack that struck the company’s IT infrastructure led the pipeline operator to temporarily shut down its operations. The research firm Elliptic says it discovered the bitcoin wallet the ransomware group used to receive ransom payments from its victims. Rep. Nancy Pelosi, D-Calif., and Rep. John Katko, R-N.Y., said Thursday that ransomware victims should not pay ransoms.”]
Source: https://www.cuinfosecurity.com/paying-ransom-does-really-encourage-more-attacks-a-16623