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Earlier this month, the Colonial Pipeline Company found itself to be a victim of a cybersecurity ransomware attack. The company took certain systems offline to contain the threat, which temporarily stopped all pipeline operations and also affected some of their IT systems. The Colonial Pipeline’s CEO, Joseph Blount, paid DarkSide $4.4 million in Bitcoin to regain control of their computer systems and restart fuel delivery to the East Coast. Ransomware attacks have been increasing due to the COVID-19 pandemic and according to the FBI, “malicious actors have exponentially increased their activity”
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