Biden declines to comment on Colonial Pipeline $5m ransomware attack payment

997

Colonial Pipeline hack has taken a new twist yesterday when Congress came to learn that the company paid $5million to DarkSide Ransomware spreading hackers to free up the database from malware that led to disruption of fuel services across the United States and Australia to a certain extent. And prompting oil corporation authorities to think about hiking the Gas price from early next month if the issue remains unsolved.

Ā 

FBI issued a statement that Russian intelligence might not be the culprit behind the incident. However, it did say that those residing in Russia might have launched the ransomware attack.

Ā 

Biden administration or the White House declined to comment on the incident. But the Honorable President did say that the hackers will be legally prosecuted to the full extent.

Ā 

As the critical infrastructure of the United States was constantly coming under threat of adversaries, the Biden administration decided to establish a cyber review board and pledged to formulate new software security standards for government agencies.

Ā 

GasBuddyā€™s technical teamā€™s preliminary estimates state that 73% of gas stations in Washington DC went dry and 69% of them from North Carolina were offline along with those from Georgia, Virginia, and South Carolina.

Ā 

In New Jersey, the situation was a little better as only 8,000 gas stations went offline that led to the hike in the national average price of the gas by 3.12 cents.

Ā 

DarkSide Ransomware hackers who were involved in the incident made it public that they would launch more such extortion campaigns on US companies in the coming weeks.

Ā 

Note- UK Home Secretary Priti Patel discouraged the companies from paying a ransom as it would encourage crime and there is no guarantee that the hackers will not launch similar attacks on the same company in the future.

Ad
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

No posts to display