President Joe Biden is urging Russian President Vladimir Putin to take action against cybercriminals in response to the latest ransomware attack to hit some U.S. companies. President Biden told Putin over a telephone call that the United States will “take any necessary action to defend its people.” “I made it …
Read More »FBI Warns Of Large ‘Scale’ In Ransomware Attack
The FBI said Sunday the “scale” of a major ransomware attack against a US IT company could mean investigators won’t be able to work with every victim individually. Hackers hit Kaseya, a firm that provides IT services to other companies, with a ransomware attack that could have targeted as many …
Read More »US Investigators Recover Millions In Ransom Paid To Pipeline Hackers
The Department of Justice has recovered about $2.3 million in Bitcoin that was paid as ransom to hackers of Colonial Pipeline. The ransomware attack shut down the East Coast pipeline last month. East Coast pipeline paid a $4.4 million ransom to Darkside, a Russian-based cybercriminal group, to regain access to …
Read More »DOJ To Prioritize Ransomware Attacks On Same Level As Terrorism
The Department of Justice’s acting deputy attorney general announced this week that ransomware attacks would be prioritized at the same level as terrorism. “We recognize this is an increasing threat,” White House press secretary Jen Psaki said Thursday. “It’s a specialized process to ensure we track all ransomware cases regardless …
Read More »Colonial Pipeline resumes ‘normal operations’ After Cyberattack
Georgia-based Colonial Pipeline announced Saturday that it’s resumed “normal operations” after last week’s ransomware attack that led to gas shortages throughout the United States. The oil pipeline company said it’s now delivering millions of gallons per hour to the markets it serves in Texas, Louisiana, Mississippi, Alabama, Tennessee, Georgia, South …
Read More »Colonial Pipeline Restarts Service After Cyber-Attack
The Colonial Pipeline initiated the restart of operations Wednesday evening. Following the restart, it will take several days for the product delivery supply chain to return to normal, Colonial Pipeline said. That means some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the …
Read More »Cyber Attack Shuts Down Top U.S. Pipeline; Gas Prices Set To Rise
Top US fuel pipeline operator Colonial Pipeline has shut its entire network, the source of nearly half of the US East Coast’s fuel supply, after a cyber attack that industry sources said was caused by ransomware. The company transports 2.5 million barrels per day of petrol, diesel, jet fuel and …
Read More »