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A recent report from Wired reveals that a week after a ransomware attack shut down Colonial Pipeline halting fuel distribution on the East Coast, the company paid a reported $5 million dollar ransom to regain control of their systems and resume operations. The payoff may lead to future ransomware attacks, as one expert notes: "Unfortunately, it’ll help keep United States critical infrastructure providers in the crosshairs. If a sector proves to be profitable, they’ll keep on hitting it.”

GasBuddy, an app that helps users to find the best availability and prices on fuel, has topped Apple's App Store this week amidst the gas shortage caused by the recent ransomware cyberattack on the Colonial Pipeline. The app has proved so popular that its servers have experienced outages this week.

12 May 2021 Morgan Wright, the Chief Security Advisor at SentinelOne and former Senior Advisor of the U.S. State Department and the Anti-Terrorism Assistance Program, appeared on SiriusXM’s Breitbart News Daily with host Alex Marlow on Wednesday to discuss the recent rise in ransomware attacks. According to Wright, “if you remove the ability to monetize this, these gangs are out of business because they’re only in it for one reason — to make money.” Morgan Wright, the Chief Security Advisor at SentinelOne and former Senior Advisor of the U.S. State Department and the Anti-Terroris...