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US Recovers Most Of Ransom From Colonial Pipeline Hack

US Recovers Most Of Ransom From Colonial Pipeline Hack

US Recovers Most Of Ransom From Colonial Pipeline Hack

WASHINGTON (AP) — The Justice Department has recovered the majority of a multimillion-dollar ransom payment to hackers after a cyberattack that caused the operator of the nation’s largest fuel pipeline to halt its operations last month.

The operation to recover the cryptocurrency from the Russia-based hacker group is the first undertaken by a specialized ransomware task force created by the Biden administration Justice Department.

Georgia-based Colonial Pipeline, which supplies roughly half the fuel consumed on the East Coast, temporarily shut down its operations on May 7 after a gang of cybercriminals using the DarkSide ransomware variant broke into its computer system.

 

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