U.S. DOJ Recovers Millions In Bitcoin Ransom Paid By Colonial Pipeline To Russian Hackers
On May 9th, Colonial Pipeline reported that it needed to shutter its pipeline network, spanning from Texas to New Jersey, due to a security incident. What we later found out to be ransomware effectively paused the 2.5 million barrels of fuel from reaching communities and airports along the pipeline for every day the network was closed. Though it may have been an unfounded panic, people began to rush to gas stations to buy fuel they thought may disappear, causing even more disruptions.
While it is great to see that the ransom has been recovered, it is unknown if this move will only shake the hornet’s nest. It is possible that the hackers, who said they did not mean to attack U.S. infrastructure, will now go after the U.S. even more as there is nothing to lose. We will have to see what ends up coming of this, so stay tuned to HotHardware for updates.