Microsoft says that SolarWinds hackers, who committed one of the worst cyberattacks to have hit the U.S. government, have struck again with a new global attack targeting more than 150 government agencies, think tanks, and other organizations.
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Colonial Pipeline CEO Explains Why He Made Ransomware Hackers Rich
20 May 2021
The CEO of Colonial Pipeline, Joseph Blount, has attempted to explain why he chose to pay a $4.4 million ransom to hackers that took the pipeline’s system hostage. According to one expert, the Colonial Pipeline payoff will “help keep United States critical infrastructure providers in the crosshairs.”
The
Wall Street Journalreports that the CEO of the Colonial Pipeline, Joseph Blount, recently explained why he chose to pay hackers a $4.4 million ransom in order to regain access to the pipeline’s systems.
Blount recently acknowledges that the company paid the ransom, saying that it was an option that he felt he had to exercise given the danger involved in the shutdown of such critical energy infrastructure.
May 14th 2021 4:57 pm
A Portland, Oregon, federal grand jury has charged a man for a scheme to steal and resell customer account details for streaming services including Netflix, Spotify Premium, and HBO Max.
The indictment names Samuel Joyner and an accomplice, Evan McMahon of Sydney, Australia. It alleges that they operated an online service called “AccountBot,” through which users could pay a low fee to access stolen streaming service accounts.
The allegations are a particularly bold example of a hacking risk that costs streaming services billions each year.
AccountBot Sold Accounts as Low as $1.79
The indictment states that the AccountBot site claimed to have access to over 217,000 unique customer account credentials and to have served over 52,000 customers.