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Colonial Pipeline Paid Nearly $5 million in Ransomware Blackmail Payment

By ZDNet

May 13, 2021

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Colonial Pipeline reportedly paid the ransomware group responsible for a cyberattack last week close to $5 million to decrypt locked systems.

On Thursday, Bloomberg reported that two people close to the matter said a blackmail demand was agreed to within hours of the cyberattack that has impacted the fuel giant's systems for close to a week.

From ZDNet
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