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Colonial Pipeline reportedly paid hackers nearly $5 million in ransom after cyberattack

After a debilitating and embarrassing cyberattack that crippled the supply chain for days, the Colonial Pipeline Co. buckled to the demands of hackers and paid nearly $5 million in ransom, Bloomberg reported Thursday afternoon.

NBC and CNBC confirmed the report by speaking to a source familiar with the situation and an anonymous U.S. official. Nicole Perlroth, cybersecurity reporter for the New York Times, reported Colonial paid the hackers 75 bitcoin on Monday.

“The company paid the hefty ransom in difficult-to-trace cryptocurrency within hours after the attack, underscoring the immense pressure faced by the Georgia-based operator to get gasoline and jet fuel flowing again to major cities along the Eastern Seaboard, those people said,” according to Bloomberg. “A third person familiar with the situation said U.S. government officials are aware that Colonial made the payment.”

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9 thoughts on “Colonial Pipeline reportedly paid hackers nearly $5 million in ransom after cyberattack”

  1. Tax & Spend Democrats squandering away America’s Gains Made under TRUMP four years !!!! Pissed Away !!

  2. Bitcoin? Hahaaha. Keep dreaming with that true Big Lie. Snowflakes, when there is no power, how much will that bitcoin be worth? Last 5 days it went from 56000 to 46000 and still dropping.

    The dollar rules, even when the power goes OUT. That and selling yourself. Which is called bartering!

    Dont know bartering, better look it up now before the lights go out. Hahahahaha

  3. Everybody with common sense knows that is what the Democrats payments was bargained for to hack the line. Raise those gas prices. Destroy small business, raise prices on everything. The electrical grid usage that Biden gave back to China will be next.

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