Joseph Blount

US Pipeline CEO Admits Paying $4.4Mln Ransom to End Hacker Attack, Restore Service

Colonial Pipeline Chief Executive Joseph Blount said his company paid $4.4mln to the cybercriminal group that closed the largest US pipeline with a ransomware attack that sent American motorists scrambling to find gasoline and underscored the vulnerability of the nation’s infrastructure to hackers, the WSJ reported on Monday.

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