Hacked American Colonial Pipeline Paid Hackers $5 Million In Ransom To Restore Operations

The hacked American Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.

The largest gasoline pipeline in the U.S. is returning to service following a cyberattack that took the fuel artery offline for five days.

The company paid the hefty ransom in difficult-to-trace cryptocurrency within hours after the attack.

A third person familiar with the situation s...

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