Colonial Pipeline paid a ransom of $ 5 million

It seems that the company Pipeline paid hackers a $5 million ransom as its systems started working again.

A few days ago the Colonial Pipeline company that manages an 8.800 km long fuel pipeline that connects Houston with New York suffered a ramsomware attack resulting in to close its networks and President Biden to declare 17 states a state of emergency.

The US fuel market is already showing signs of panic as the burden of supply falls on the tanker chain. According to the Bloomberg news agency Colonial Pipeline paid nearly $ 5 million to hackers.

The news has not been confirmed by Colonial Pipeline Co but its systems have already started to be put back into operation and the pipeline is starting to transport petroleum products again.

According of the agency the company was forced to pay the large amount of ransom since it was very difficult to decrypt the and the company was under a lot of pressure as the market was unable to supply gasoline and aviation fuel, especially in the big cities across East America.

They just received it provided the company with a decryption tool to restore its computer network. The tool was so slow that the company kept using its own backups to help restore the system, one of the people inside the company said.

According to the FBI, the hackers are a group called DarkSide, who specialize in digital blackmail and are believed to be based in Russia or Eastern Europe. The FBI is discouraging organizations from paying ransom to hackers, saying there is no guarantee they will keep their promise to unlock files.

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Written by Dimitris

Dimitris hates on Mondays .....

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