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The operation to seize cryptocurrency paid to the Russia-based hacker group is the first of its kind to be undertaken by a specialised ransomware task force created by the Biden administration Justice Department.
El Salvador s dollarized economy relies heavily on money sent back from workers abroad, with President Nayib Bukele saying the law would prevent billions being lost to intermediaries.
Pipeline CEO: Ransom Payment Among My ‘Toughest Decisions’ By Eric Tucker and Ben Fox | June 9, 2021
WASHINGTON (AP) The chief executive of the massive fuel pipeline hit by ransomware last month told senators on Tuesday that authorizing a multi-million-dollar payment to hackers was the right thing to do to bring an end to fuel shortages affecting much of the eastern United States, even as authorities have discouraged such payments.
Asked how much worse it would have been if Colonial Pipeline hadn’t paid to get its data back, CEO Joseph Blount said, “That’s an unknown we probably don’t want to know. And it’s an unknown we probably don’t want to play out in a public forum.”
A glimpse into the ransomware gang known as DarkSide’s secret communications in the months leading up to the Colonial Pipeline attack reveals a criminal