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Colonial Pipeline lied about the amount of money they gave the hackers...

Posted on 5/18/21 at 12:27 pm
Posted by RollTide1987
Augusta, GA
Member since Nov 2009
65078 posts
Posted on 5/18/21 at 12:27 pm
They initially said they didn't give them anything, then admitted that they actually gave the hackers $5 million to end the cyber attack on their systems. Turns out that, too, was a lie. Colonial Pipeline reportedly paid the hackers upwards of $90 million.

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This post was edited on 5/18/21 at 12:28 pm
Posted by PorkSammich
North FL
Member since Sep 2013
14243 posts
Posted on 5/18/21 at 12:31 pm to
That’s a lot of Bitcoin for the CIA to have.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15705 posts
Posted on 5/18/21 at 12:31 pm to
CIA making bank.
Posted by LakeCharles
USA
Member since Oct 2016
5054 posts
Posted on 5/18/21 at 12:40 pm to
quote:

paid the hackers upwards of $90 million.

It would have been better to invest in a competent IT department. Not having backup files is almost criminal.

Posted by keakar
Member since Jan 2017
30003 posts
Posted on 5/18/21 at 12:42 pm to
check was made out to the DNC, thats who the hackers were, or i should say CIA was directed by them to shut it down

by any means necessary is not a slogan to them but its part of their religion
This post was edited on 5/18/21 at 12:44 pm
Posted by Jobu93
Cypress TX
Member since Sep 2011
19209 posts
Posted on 5/18/21 at 12:43 pm to
How do you think this expense shows up on their annual report?
Posted by Slingscode
Houston, TX
Member since Sep 2011
1852 posts
Posted on 5/18/21 at 1:01 pm to
Sounds like it's just their Nomination system. It also looks like it's network segmentation that bit them. That is self inflicted.

Posted by ssgrice
Arizona
Member since Nov 2008
3058 posts
Posted on 5/18/21 at 1:06 pm to
quote:

That’s a lot of Bitcoin for the CIA to have.

Come on man.
You know they ain't keeping it.
They needed the money so that they could fund the next "boogie-man" that hates us so that they can strip us of more liberties and start another endless war.
Posted by Stuckinthe90s
Dallas, TX
Member since Apr 2013
2576 posts
Posted on 5/18/21 at 1:07 pm to
I read this report not as colonial paying 90 mil in ransom, instead a foreign actor paying someone to hack. Maybe I am wrong.

Edit:

Reading more, it seems like the 90 million might have been total payments to the wallet over the course of their operations, meaning, all the ransoms paid by all the victims they have had. I wrote about this last week, no longer is traditional approach of maintaining good backups to restore from and telling the hackers to eff off always a possible approach, a lot of times they are not just ransoming your data from being destroyed, but they are also ransoming it from being released which can have far greater impacts. Think of the impact to intel agencies, health record companies, financial institutions, they have a ton to lose if their data goes public.
This post was edited on 5/18/21 at 1:14 pm
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 5/18/21 at 1:09 pm to
Joe Biden standing strong to help American energy producers and transporters
Posted by TigerFan55555
Tomball, TX
Member since Nov 2008
9578 posts
Posted on 5/18/21 at 1:16 pm to
quote:

How do you think this expense shows up on their annual report?





thas what im thinkin..
Posted by Texas Weazel
Louisiana is a shithole
Member since Oct 2016
8532 posts
Posted on 5/18/21 at 1:20 pm to
Not exactly.

quote:

Elliptic said DarkSide and its affiliates bagged at least $90 million in bitcoin ransom payments over the past nine months from 47 victims. 


LINK
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
5312 posts
Posted on 5/18/21 at 1:24 pm to
I thought $5M was incredibly low of Colonial to have to pay to get back in operation. No clue what their daily revenue is but I'm sure it's closer to the $90M number rather than the $5M number.
Posted by JakeRStephenes
Member since Feb 2012
2585 posts
Posted on 5/18/21 at 1:43 pm to
It was $5 million. Try reading.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 5/18/21 at 1:49 pm to
I find that hard to believe and unlikely...your link is pretty weak.
Posted by bird35
Georgia
Member since Sep 2012
12170 posts
Posted on 5/18/21 at 2:31 pm to
Would have been worth it to pay 90 million to the Russian mafia to kill the hackers.


Sent a message of don’t mess with us.
Posted by CuyahogaTigerJr
Northeast ohio
Member since Aug 2018
2184 posts
Posted on 5/18/21 at 3:06 pm to
Ha, not surprised
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48939 posts
Posted on 5/18/21 at 3:07 pm to
quote:

Colonial Pipeline reportedly paid the hackers upwards of $90 million.


Holy shite
Posted by LSUbest
Coastal Plain
Member since Aug 2007
11062 posts
Posted on 5/18/21 at 3:20 pm to
What if

quote:

they didn't give them anything


Because there was NO hackers.

Colonial profited off of the higher prices, the deep state got another crisis.

What are the odds that we the people will bail them out for the ransom?
Posted by Zach
Gizmonic Institute
Member since May 2005
112461 posts
Posted on 5/18/21 at 3:22 pm to
quote:

What are the odds that we the people will bail them out for the ransom?


Yep, in gas prices.
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