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Ransomware
Posted by: RgrF
Date: May 13, 2021 02:14PM
Colonial Pipeline admitted today it paid nearly $5 million to Eastern European hackers last Friday, within hours of the attack, in untraceable cryptocurrency.
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Re: Ransomware
Posted by: deckeda
Date: May 13, 2021 02:38PM
Source: [www.bloomberg.com]

Our nation’s infrastructure: owned by private companies and pension funds (at least in this case)

But hey, let’s hear more talk about how so-called socialism is evil.
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Re: Ransomware
Posted by: cbelt3
Date: May 13, 2021 02:53PM
Ransom ware is a multi billion dollar industry.
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Re: Ransomware
Posted by: neophyte
Date: May 13, 2021 03:07PM
If they paid the ransom "within hours of the attack", why did it take so long to reopen the pipeline? Did the "bank" withhold the "funds" until they "cleared"?
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Re: Ransomware
Posted by: deckeda
Date: May 13, 2021 03:16PM
Quote
neophyte
If they paid the ransom "within hours of the attack", why did it take so long to reopen the pipeline? Did the "bank" withhold the "funds" until they "cleared"?

According to the published report, the unlock tool worked so slowly that Colonial simultaneously went ahead with their own restoration.
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Re: Ransomware
Posted by: RgrF
Date: May 13, 2021 03:22PM
As to the offended pipeline company:

“We found glaring deficiencies and big problems,” said Robert F. Smallwood, whose consulting firm delivered an 89-page report in January 2018 after a six-month audit. “I mean an eighth-grader could have hacked into that system.”
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Re: Ransomware
Posted by: Acer
Date: May 13, 2021 03:25PM
Hmm. I better speak to my eighth grader, make sure he invests his windfall wisely.
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Re: Ransomware
Posted by: deckeda
Date: May 13, 2021 03:38PM
2018 ??

If they had cyber insurance, that company should DROP them.
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Re: Ransomware
Posted by: Speedy
Date: May 13, 2021 06:23PM
Quote
RgrF
As to the offended pipeline company:

“We found glaring deficiencies and big problems,” said Robert F. Smallwood, whose consulting firm delivered an 89-page report in January 2018 after a six-month audit. “I mean an eighth-grader could have hacked into that system.”

I’m shocked, I tells you, shocked!



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: Ransomware
Posted by: pdq
Date: May 13, 2021 06:59PM
Can you imagine if some more progressive company had shelled out ~$5M to hackers?

Faux News would be all over it. For some reason, the word “appeasement” comes to mind.

But the fact is, this is a hell of an positive reinforcement for these jerk hackers.
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Re: Ransomware
Posted by: Speedy
Date: May 13, 2021 07:15PM
$5M was cheap. I would have demanded 100x that. All the thieves did is cause big targets to decide to harden, those that hadn’t already.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: Ransomware
Posted by: pdq
Date: May 13, 2021 07:21PM
Hey, the guv of Ohio thinks $5M will get those miscreants to take their vaccines....



Edited 1 time(s). Last edit at 05/13/2021 07:22PM by pdq.
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