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Colonial Pipeline cyberattack‎

The Colonial Pipeline attempts to restart resource movement after a cyberattack on May 7. The ransomware attackers were reportedly paid $4–5 million in cryptocurrency prior to the restart. Meanwhile, it is revealed that the cyberattack targeted the corporate business computers and the physical resource supply was turned off in response. Further, 100 GB of Colonial Pipeline corporate date was stolen prior to the attack. The hacker group, DarkSide, attempted to distance themselves from the Colonial Pipeline attack, saying they provide ransomware-as-a-service (RaaS), selling licenses to other criminals, and "affiliates are prohibited from targeting hospitals, schools, universities, non-profit organizations and public-sector entities".

Colonial Pipeline cyberattack: Everything you need to know and gas price impact

Sources:  Bloomberg  FOX Business  Politico.eu  Reuters  Tom's Guide – webcache


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