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U.S. DOJ Recovers Millions In Bitcoin Ransom Paid By Colonial Pipeline To Russian Hackers

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At the time, the Bitcoin ransom was worth a whopping $5 million but has now since dropped to $2.3m.
In May, the biggest fuel provider to the U.S. eastern seaboard was hit with ransomware from Russian hacking group DarkSide. Colonial Pipeline decided to pay the ransom to decrypt some of its files to get back to operational status, but those efforts were hampered by a slow decryption tool offered by the attackers. Thankfully, the U.S. Justice Department reports that it has now recovered much of the multi-million-dollar ransom payment. On May 9th, Colonial Pipeline reported that it needed to shutter its pipeline network, spanning from Texas to New Jersey, due to a security incident.

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