Wednesday, November 5, 2025
12.3 C
Srinagar

US authorities recover most of the ransom in the Colonial Pipeline case

Washington, June 8(UNI) Authorities in the US on Monday managed to recover most of the $4.4m (£3.1m) ransom paid to a cyber-criminal gang responsible for taking the Colonial Pipeline offline last month.

According to American officials they suspect that DarkSide, which according to them operates from eastern Europe and possibly Russia had managed to infiltrate the pipeline last month.

The unprecedented attack disrupted supplies for several days causing fuel shortages, as the pipeline carries 45% of the East Coast’s supply of diesel, petrol and jet fuel, forcing Colonial Pipeline to take itself offline on Friday 7 May after the cyber-attack.

On Monday, Deputy Attorney-General Lisa Monaco said investigators had “found and recaptured” 63.7 Bitcoin worth $2.3m – “the majority” of the ransom paid.

The US government has recommended in the past that companies to not pay criminals over ransomware attacks, in case they invite further hacks in the future.

It has since urged companies to increase security measures against ransomware attacks like this. Commerce secretary Gina Raimondo said on Sunday that President Biden would raise the issue of such attacks with Russian leader Vladimir Putin in a meeting planned this month.

UNI

Hot this week

Ravinder Raina Slams Rivals in Budgam, Questions Their Respect for Party Leadership

Budgam, Nov 5,: Bharatiya Janata Party (BJP) leader Ravinder...

HC dismisses petitions seeking regularization of 802 daily wagers in Ganderbal

Srinagar, Nov 5,: The High Court of Jammu and...

Chrysanthemum Garden in Srinagar Attracts Large Number of Visitors

Srinagar, Nov 5,: Visitors are thronging the newly established...

Baramulla Police shuts down pet shop, initiates action under Police Act for illegal trade

Baramulla, Nov 5,: Acting on a complaint filed by...

Bakarwal herder loses entire livestock to lightning strike in Poonch hills

Poonch, Nov 5,: Around 40 sheep and goats were...

Topics

Ravinder Raina Slams Rivals in Budgam, Questions Their Respect for Party Leadership

Budgam, Nov 5,: Bharatiya Janata Party (BJP) leader Ravinder...

Chrysanthemum Garden in Srinagar Attracts Large Number of Visitors

Srinagar, Nov 5,: Visitors are thronging the newly established...

Midnight Blaze Damages Houses in Old Fateh Kadal, Fireman Injured

Srinagar, Nov 5,: A midnight fire broke out in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img