Colonial Pipeline

colonial pipeline

Business

Almost $7M in Bitcoin Held by Colonial Pipeline Attacker Is on the Move

Elliptic has linked the activity to ransomware group REvil, with which DarkSide has close ties, being hacked and forced offline by a U.S. government-led operation.

By Jamie Crawley

Oct 22, 2021 at 12:15 p.m. UTC

Oct 22, 2021

EllipticColonial PipelineRansomware Attack

Press Secretary Psaki Is Joined By National Security Advisor Sullivan For Daily Briefing

Markets

Ransomware

Biden's National Security Adviser Sees Crypto Role in Cyberattacks as Priority for G-7, NATO

Jake Sullivan said the "cryptocurrency challenge ... lies at the core" of ransomware attacks.

By Jamie Crawley

Jun 8, 2021 at 2:44 p.m. UTC

Jun 8, 2021

RansomwareJoe BidenNATOColonial Pipeline

Policy

Fincen

State of Crypto: Ransomware Is a Crypto Problem

The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.

By Nikhilesh De

Jun 8, 2021 at 1:30 p.m. UTC

Jun 8, 2021

FinCENRansomwareNewslettersState of CryptoColonial PipelineCNA FinancialJBS

Markets

Ransomware

CEO of Colonial Pipeline to Face Congress Grilling Over Bitcoin Ransom

The CEO will face the Senate Homeland Security Committee to explain the reasoning behind his decision to pay a $4.4M bitcoin ransom.

By Sebastian Sinclair

Jun 8, 2021 at 6:00 a.m. UTC

Jun 8, 2021

RansomwareCongressBitcoinColonial Pipeline

Markets

Ransomware

Federal Officials Recover Bitcoin Ransom From Colonial Pipeline Attack

Colonial paid $4.4 million in bitcoin after its systems fell victim to a ransomware attack last month.

By Nikhilesh De

Jun 7, 2021 at 6:50 p.m. UTC

Jun 7, 2021

RansomwareColonial Pipeline

Markets

Ransomware

Top US Lawmaker Presses Big Companies on Ransomware Crypto Payments

Paying international criminals to unlock data “will put an even bigger target on the back of critical infrastructure,” says U.S. Rep. Carolyn Maloney.

By Nikhilesh De

Jun 3, 2021 at 9:38 p.m. UTC

Jun 3, 2021

RansomwareColonial PipelineHouse Oversight CommitteeCarolyn MaloneyCNA Financial