Colonial Pipeline says it paid $4.4m bitcoin ransom to hacking gang

·1-min read
 (ES)
(ES)

The boss of Colonial Pipeline says the company has paid a cryptocurrency ransom worth $4.4 million, that’s about three million pounds, to a gang of cyber criminals who took the US fuel pipe network offline.

The firm authorised the huge payment in bitcoin amid concerns about how long the shutdown that crippled its US East Coast network on 7 May.

In return for the ransom, Colonial Pipeline received a decryption tool to unlock its systems, but this was apparently not enough to reboot the systems straight away.

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