When Bitcoin burst onto the scene in 2009, fans heralded the cryptocurrency as a secure, decentralized and anonymous way to conduct transactions outside the traditional financial system. Criminals, often operating in hidden reaches of the […]
WASHINGTON — The Justice Department said on Monday that it had seized much of the ransom that a major U.S. pipeline operator had paid last month to a Russian hacking collective, turning the tables on […]
Hospitals in Ireland, New Zealand and Scripps Health in San Diego are reeling from digital extortion attacks. Source
WASHINGTON — As the East Coast suffered from the effects of a ransomware attack on a major petroleum pipeline, President Biden signed an executive order on Wednesday that placed strict new standards on the cybersecurity […]
For years, government officials and industry executives have run elaborate simulations of a targeted cyberattack on the power grid or gas pipelines in the United States, imagining how the country would respond. But when the […]
In the past, energy companies typically kept the operational systems that run pipelines or power plants disconnected, or “air gapped,” from the broader internet, which meant that hackers could not easily gain access to the […]
Colonial Pipeline paid its extortionists roughly 75 Bitcoin, or nearly $5 million, to recover its stolen data, according to people briefed on the transaction. The payment came after cybercriminals last week held up Colonial Pipeline’s […]
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