WATCH: Wray says FBI discourages ransomware payments despite recent trend
The FBI's director told lawmakers Thursday that the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting their systems back online.
WATCH: House Homeland Security Committee holds hearing on cyber threats with Colonial Pipeline
Colonial Pipeline CEO Joseph Blount will testify on Wednesday before the House Committee on Homeland Security to discuss the May 7 cyberattack on the oil company.
WATCH: Colonial Pipeline CEO says ransom payment was among his ‘toughest decisions’
The chief executive of the massive fuel pipeline hit by ransomware last month will tell senators on Tuesday that authorizing a multi-million-dollar payment to hackers was the right thing to do to bring an end to fuel shortages affecting much…
Watch 5:32
News Wrap: U.S. recovers millions in cryptocurrency paid to Colonial Pipeline hackers
In our news wrap Monday, U.S. investigators have recovered the majority of the cryptocurrency payment given to hackers from last month's Colonial Pipeline ransomware attack, Vice President Harris was in Guatemala to discuss the surge in immigration from Central America…
The operation to recover the cryptocurrency from the Russia-based hacker group is the first undertaken by a specialized ransomware task force created by the Biden administration Justice Department.
U.S. pipeline operators will be required for the first time to conduct a cybersecurity assessment under a Biden administration directive in response to the ransomware hack that disrupted gas supplies in several states this month.
Colonial Pipeline's CEO Joseph Blount told The Wall Street Journal that he authorized the payment after the ransomware attack because the company didn't know the extent of the damage.
In our news wrap Monday, President Joe Biden announced that the U.S. will send 20 million COVID-19 vaccines overseas by the end of June. A powerful cyclone roared up the coast of southern India, with winds up to 103 miles…
Nearly a week after a ransomware attack forced Colonial Pipeline to shut down, the company announced it has restored service. The shutdown disrupted gas supplies along the East Coast — full recovery may still take days. The attack has highlighted…
Additional Support Provided By:
