FBI Takes Advantage of Criminals' Sloppy Storage to Breach T

FBI Takes Advantage of Criminals' Sloppy Storage to Breach Their Bitcoin Wallet and Investigate Colonial Pipeline Attack


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The attack of Colonial Pipeline is a good example of the necessity to better protect data. However, many agree that the FBI breaking into the crypto pockets of cybercriminals proves that using cryptos is not as risky as some may think.
The investigation of the Colonial Pipeline cyber attack that took place in May, seems to be over. The FBI has managed to recover $2.3 million in Bitcoin (BTC) that Colonial Pipeline paid to a criminal cybergroup involved in the crippling ransomware attack. According to crypto experts, the law enforcement officials conducted a breach of the criminals’ Bitcoin wallet not due to security vulnerability in the digital currency but because of their sloppy storage.

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