Sunday, March 15, 2026
7.6 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

Over 4,700 Pilgrims from J&K to Perform Hajj; First Batch to Depart Srinagar on April 18

Srinagar, March 13,: Around 4,717 pilgrims from Jammu and...

Thousands Offer Jumat-ul-Vida Prayers at Hazratbal Shrine as Authorities Disallow Congregation at Jamia Masjid

Srinagar, March 13,: Thousands of devotees gathered at the...

Srinagar–Leh Highway Remains Closed for Fourth Day After Heavy Snowfall, Vehicles Stranded in Drass and Sonamarg

Ganderbal, March 13,: The strategic Srinagar–Leh highway remained closed...

Farooq Abdullah Says Restoring Statehood to J&K Will Improve Situation

Jammu, March 13,: National Conference President Farooq Abdullah on...

Topics

spot_img

Related Articles

Popular Categories

spot_imgspot_img