US oil pipeline paid $4.4 million to hackers after attack

US oil pipeline paid $4.4 million to hackers after attack. Operators of the country’s largest petrol pipeline have confirmed that it has paid $ 4.4 million to a network of hackers who broke into its computer systems.

The Colonial Pipeline after hearing of the My 7 attack said on Wednesday that the company took its offline pipeline and needed to do everything possible to restart it quickly and safely, and decided to pay the ransom.

“This decision is not an easy one,” but it should have been taken, a company spokesman said. He also said that tens of millions of Americans depend on colonial hospitals – hospitals, emergency medical services, law enforcement, firefighters, airports, trucks and the mobile community.

Colonial Pipeline chief executive Joseph Blount told The Wall Street Journal that he had authorized payment because the company did not know how much damage had been done and was not sure how long it would take to restore the pipeline plans.

The FBI does not encourage the payment of ransomware to ransomware attackers, as the payment encourages criminal networks around the world that have hit thousands of businesses and health care systems in the U.S. Only last year. But many victims of cybercrime, when hackers demand large sums of money to encrypt stolen information or prevent it from being disclosed online, prefer to pay.

“I know that’s a very controversial decision,” Blount told the Journal. He said that but it was something that should be done for the country.

Blount said the Colonials paid the ransom in consultation with experts who had previously worked with the anti-terrorism group, DarkSide, which paid its fines to partners to attack.

US oil pipeline paid $4.4 million to hackers after attack
US oil pipeline paid $4.4 million to hackers after attack

Several sources had confirmed to the Associated Press that the Colonial Pipe had paid the criminals who made the incident a ransom of nearly $ 5 million in cryptocurrency for the software crash key needed to dismantle its data network.

The 75 Bitcoin ransom payment was made the next day after criminals locked the company’s corporate network, according to Tom Robinson, founder of cryptocurrency tracking company Elliptic. Prior to Robinson’s blog post, two people notified of the case had confirmed the payment amount to the AP.

Blount told the Journal that the attack took place around 5.30am on May 7. The Colonial took about an hour to close the pipeline, with 260 points being delivered to 13 states and Washington, D.C., Blount said. That helped prevent infection from migrating to pipeline performance control. But there are problems waiting. Blount said Colonial still could not charge customers following the end of the program.

The pipeline delivers about 45% of the fuel used on the East Coast, while the Colonial, based in Alpharetta, Georgia, stops gasoline for about a week. That led to buying panic and shortages at petrol stations from Washington, D.C. they go to Florida. The Colonial relaunched its pipeline last week, but it took some time to restart the full service delivery system, and a shocking purchase led to a shortage of fuel. More than 9,500 petrol stations ran out of fuel on Wednesday, including half in D.C. and 40% in North Carolina, according to Gasbuddy.com, which monitors fuel prices and depletion

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