Colonial Pipeline CEO Confirms $4.4 Million Ransom Payment

This Data Breach alert was published at 19.05.2021 18.43 on Data Breach Today.

‘It Was the Right Thing to Do for the Country’
Colonial Pipeline Co.’s CEO, Joseph Blount, said Wednesday that he authorized the payment of a $4.4 million ransom just hours after the company was hit by a DarkSide ransomware attack, telling the Wall Street Journal “it was the right thing to do for the country.”

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