Colonial Pipeline CEO confirms paying $4.4 million ransom to hackers, says he did it for America ...News

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Colonial Pipeline CEO confirms paying $4.4 million ransom to hackers, says he did it for America
Colonial Pipeline is such a critical energy infrastructure that its shutdown just couldn’t have been allowed, the company’s CEO, Joseph Blount, said as he publicly acknowledged paying $4.4 million in ransom to the hackers. Giving in to the demands of the blackmailers was “a highly controversial decision,” Blount told the Wall Street Journal in his first interview since the devastating cyberattack on May 7, which saw Colonial Pipeline losing access to its computer systems. He said he authorized the payment of the ransom by nightfall that same day because it was unclear how bad the breach had been and how long it would require to make th

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