Colonial Pipeline reportedly paid about 75 Bitcoin to hackers to regain control of its systems. EPA
Colonial Pipeline reportedly paid about 75 Bitcoin to hackers to regain control of its systems. EPA
Colonial Pipeline reportedly paid about 75 Bitcoin to hackers to regain control of its systems. EPA
Colonial Pipeline reportedly paid about 75 Bitcoin to hackers to regain control of its systems. EPA

US recovers part of multi-million ransom paid to Colonial Pipeline hackers


Alkesh Sharma
  • English
  • Arabic

The US Department of Justice has recovered millions of dollars in cryptocurrency paid to DarkSide, the criminal group behind the cyber attack on Colonial Pipeline, the country’s largest fuel pipeline.

Investigators have recovered 63.7 Bitcoin valued at about $2.3 million, the department said in a statement.

“Ransom payments are the fuel that propels the digital extortion engine ... [The seizure] demonstrates that the US will use all available tools to make these attacks more costly and less profitable for criminal enterprises,” said deputy attorney general Lisa Monaco.

The Justice Department will continue to focus on "the entire ransomware ecosystem to disrupt and deter these attacks", with the seizure demonstrating the importance of early notification of law enforcement authorities, she said.

“We thank Colonial Pipeline for quickly notifying the FBI when they learnt that they were targeted by DarkSide,” said Ms Monaco.

Colonial, which suffered a major cyber attack that caused fuel shortages and price increases across the US last month, reported the incident to the FBI and paid a ransom of about 75 Bitcoin to regain control of its systems.

“We will continue to use all of our available resources and leverage our domestic and international partnerships to disrupt ransomware attacks and protect our private sector partners and the American public,” said FBI deputy director Paul Abbate.

Joseph Blount, chief executive of Colonial Pipeline, told The Wall Street Journal that he approved the ransom payment because his employees did not know how bad the breach was and how long would it take to resume pipeline supplies.

After the attack, DarkSide reportedly shut down its operations because of “pressure” from the US government.

The group's name-and-shame blog, ransom collection website and content delivery network were seized while funds from their cryptocurrency wallets were transferred to unknown accounts by unidentified entities, DarkSide said in a message shared on several cyber crime forums and hacking websites.

Industry experts said cyber attacks on energy infrastructure are typically politically or financially motivated.

“Cyber criminals are employing ever more elaborate schemes to convert technology into tools of digital extortion,” said Stephanie Hinds, acting federal prosecutor for the Northern District of California.

“We need to continue improving the cyber resiliency of our critical infrastructure across the nation ... we will also continue developing advanced methods to improve our ability to track and recover digital ransom payments.”

Company profile

Name: Oulo.com

Founder: Kamal Nazha

Based: Dubai

Founded: 2020

Number of employees: 5

Sector: Technology

Funding: $450,000

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MATCH INFO

Championship play-offs, second legs:

Aston Villa 0
Middlesbrough 0

(Aston Villa advance 1-0 on aggregate)

Fulham 2
Sessegnon (47'), Odoi (66')

Derby County 0

(Fulham advance 2-1 on aggregate)

Final

Saturday, May 26, Wembley. Kick off 8pm (UAE) 

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

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Text the following numbers:

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A little about CVRL

Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.

One of its main goals is to provide permanent treatment solutions for veterinary related diseases. 

The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery. 

MATCH INFO

Uefa Champions League semi-finals, second leg:

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE

Game is on BeIN Sports

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Dunki
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The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

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UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

England World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

Pharaoh's curse

British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

UAE currency: the story behind the money in your pockets