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Major oil pipeline online again after shutdown


A major U.S. oil pipeline was knocked offline earlier this month by a cyber attack originating in Eastern Europe. The Colonial Pipeline, which supplies around half of the East Coast’s fuel, announced it was the victim of an attack on May 7th. The attackers used ransomware which forced The Colonial Pipeline Company to take their systems offline and halt the delivery of fuel, causing President Biden to announce a regional state of emergency in the days following. Reports vary on exactly how the company dealt with the ransomware, however, CEO Joseph Blount confirmed that a Bitcoin payment worth around $4.4 million was made.