Colonial Pipeline Paid Nearly $5 Million In Ransom To Hackers

Colonial Pipeline Paid Nearly $5 Million In Ransom To Hackers

May 17, 2021

 Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, May 7, contradicting earlier reports that said the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.

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