Colonial Pipeline Paid Hackers Nearly $5 Million in Cryptocurrency Ransom: Sources

Bloomberg News : May 13, 2021
Newsmax.com

"They said they're going to be up and running by the end of the week and the only possible way is if they pay the ransom. And the problem with this is, once one entity pays a multi-million dollar ransom every other hacking group knows that other companies are going to pay, so this is now the new norm." -cybersecurity expert Dr. Eric Cole to CBN News

[Newsmax.com] Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country's largest fuel pipeline... The company paid the hefty ransom in untraceable cryptocurrency within hours after the attack... (Screengrab image) Subscribe for free to Breaking Christian News here

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