Colonial Pipeline took itself offline on Friday 7 May after the cyber-attack. In return for the Bitcoin payment, the company received a decryption tool so it could unlock the systems compromised ...
Carmakal and Colonial Pipeline CEO Joseph Blount spoke with ... needed only a compromised username and password to breach the company’s network. It’s not known how the hackers obtained the ...
Colonial Pipeline restarted operations on its 5,500-mile pipeline at around 5 p.m. ET Wednesday five days after being hit with the crippling Darkside ransomware attack. But the company cautioned ...
The hack on Colonial Pipeline is being seen as one of the most ... "From today, we introduce moderation and check each company that our partners want to encrypt to avoid social consequences ...
Some of Colonial Pipeline's owners are considering a sale ... working on the sale of its 16.6% stake in Colonial, while three co-owners that collectively account for 55.3% of the equity in ...
Colonial Pipeline's owners include Koch Industries (aka Koch Capital Investments Company LLC, 28.09% stake ownership), Kohlberg Kravis Roberts (aka Keats Pipeline Investors LP, 23.44% stake ...
Colonial is the largest pipeline system for refined oil products in the U.S. The system runs from Texas to New Jersey and spans 5,500 miles, transporting around 45% of fuel consumed on the East Coast.
Colonial Pipeline, operator of the largest U.S. fuel pipeline system, is weighing options including a sale that could value ...
Colonial Pipeline confirms it paid $4.4 million to ... he authorized the payment after the ransomware attack because the company didn't know the extent of the damage. Gas crunch continues across ...
Colonial Pipeline paid DarkSide a $4.4 million (USD) ransom for the decryption keys to open their systems. In May 2021, it was the target of a ransomware assault.
Lindsay to discuss the consequences and lessons of the recent ransomware attack on the owner of the largest fuel pipeline system in the United States. Rob Knake, CFR’s Whitney Shepardson senior ...