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    Researchers from cybersecurity provider NordLocker have revealed they discovered a 1.2 terabyte database of stolen personal information from 3.25 million Windows-based computers, the latest in a recent line of serious hacking incidents. According to a report released by NordLocker on Wednesday, an unidentified, Trojan-type malware stole the files, including 26 million login credentials, between 2018 and 2020.     The news comes...
    More On: cryptocurrency This is the first country to adopt bitcoin as legal tender Bitcoin price falls after US reclaims Colonial Pipeline crypto ransom This team is the first in the NHL to accept crypto payments Americans got richer off bitcoin than any other country in 2020 China’s crackdown on cryptocurrencies is heating up with a series of arrests...
    The Justice Department announced on Monday that it had recovered $2.3 million of the cryptocurrency ransom paid by Colonial Pipeline Co. to ransomware hackers. The funds were seized from an account located in California, leading many to suspect the ransom was paid to a Coinbase wallet — a claim the cryptocurrency exchange has denied. Reuters reports that Deputy Attorney General Lisa Monaco stated...
    Colonial Pipeline CEO Joseph Blount said workers who know how to manually operate the Colonial Pipeline and other infrastructure have mostly retired or died when pressed on whether the company would be able to handle a future cyber attack. “Do you have the capability to manually operate the pipeline in the event of an IT attack like this one?” Republican...
    WASHINGTON -- A pipeline company CEO on Tuesday defended his decisions to abruptly halt fuel distribution for much of the East Coast and pay millions to a criminal gang in Russia as he faced down one of the most disruptive ransomware attacks in U.S. history.Colonial Pipeline CEO Joseph Blount said he had no choice, telling senators uneasy with his actions...
    The FBI said it was able to recover millions of dollars in Bitcoin paid as ransom during the attack against the Colonial Pipeline — a feat that is now generating more questions than answers. The Justice Department and the FBI announced Monday it had seized 63.7 bitcoins (worth about $2.3 million at the time) from a Bitcoin wallet thought...
    (CNN)Earlier this week, CNN broke the story that the Justice Department and FBI were able to recover $2.3 million of the nearly $5 million worth of Bitcoin Colonial Pipeline paid to DarkSide, the ransomware gang whose attack was responsible for Colonial Pipeline shutting down East Coast operations last month.The oil giant paid the ransom in an effort to quickly restore...
    The top executive for the biggest fuel pipeline operator in the United States told lawmakers he felt like he had no choice but to pay off hackers after a ransomware attack shut down operations along the East Coast.  Testifying Tuesday before the Senate Homeland Security and Governmental Affairs Committee, Colonial Pipeline Chief Executive Joseph Blount took responsibility for agreeing to...
    The seal of the F.B.I. hangs in the Flag Room at the bureau's headquarters.Chip Somodevilla | Getty Images The FBI's breach of a bitcoin wallet held by the cyber criminals who attacked Colonial Pipeline is all about sloppy storage, and not a reflection of a security vulnerability in the digital currency, crypto experts told CNBC. On Monday, the Justice Department...
    In this article F WEN BTC.CM= CNBC.com's Pippa Stevens brings you the day's top business news headlines. On today's show, MacKenzie Sigalos breaks down bitcoin's latest turn lower after the FBI recovered most of the ransom Colonial Pipeline paid criminal group Darkside. Plus, Jeff Cox dives into rising inflation fears as Deutsche Bank issues a grave warning. Bitcoin...
    The recent ransomware attacks that temporarily crippled major U.S. suppliers of beef and fuel offer a frightening glimpse of the chaos cyberwarfare could sow, especially if the perpetrators were more focused on damaging critical infrastructure than reaping a financial bounty. Security experts underscore the potential national implications of the attacks, saying they serve as a cautionary tale for how computerized...
    More On: hackers DOJ says it recovered about half of Colonial Pipeline bitcoin ransom Elon Musk blasted by Anonymous hackers after cryptic crypto tweets ‘There are a lot of parallels’: FBI Director Wray compares ransomware threat to 9/11 Hackers with suspected China ties breached MTA servers in April Colonial Pipeline CEO Joseph Blount stood by his decision to pay...
    A new poll shows that a majority supports the use of pipelines in the wake of the Colonial Pipeline attack last month. “The Colonial Pipeline cybersecurity hack highlights how critical pipelines are to keeping America moving. Unbelievably, the Biden Administration supports shutting pipelines down — making our country less energy independent and less secure — while simultaneously assuring Americans they’re...
    More On: bitcoin This team is the first in the NHL to accept crypto payments A ‘bit’ more legit: One country is adopting bitcoin as legal tender Jack Dorsey tweets Square’s eyeing creation of bitcoin hardware wallet Bitcoin tumbles following Elon Musk’s cryptic tweets The price of bitcoin fell Tuesday, one day after US officials announced that they managed...
    Bitcoin was down by ten percent in 24 hours on Tuesday morning amid questions over the cryptocurrency's security, after FBI investigators revealed they had been able to access a hacker's digital wallet and retrieve part of a ransom paid over the cyberattack that shut down the Colonial Pipeline last month. The world's largest cryptocurrency's value dropped to $32,154 Tuesday morning . ...
    Washington — The CEO of the company that shut down the nation's largest oil pipeline during a ransomware attack last month apologized to lawmakers for the disruption caused by the incident, but defended his decision to close the pipeline and pay a multimillion-dollar ransom to the hackers. "We are deeply sorry for the impact that this attack had, but are...
    Image showing the Colonial Pipeline Houston Station facility in Pasadena, Texas (East of Houston) taken on May 10, 2021.Francois Picard | AFP | Getty Images WASHINGTON -- The president and CEO of the Colonial Pipeline Company will give a public account on Tuesday of the initial hours after a ransomware attack on his company May 7 that crippled gas delivery...
    Washington — The federal government has recovered millions of dollars in cryptocurrency paid in ransom to cybercriminals whose attack prompted the shutdown of the country's largest fuel pipeline and gas shortages across the southeastern U.S. last month, the Department of Justice announced Monday. On May 8, Colonial Pipeline paid a ransom worth roughly $4.3 million in bitcoin to the Russia-based...
    (CNN)Colonial Pipeline CEO Joseph Blount will testify on Capitol Hill Tuesday, a month after the company was hit with a debilitating ransomware attack that led to a halt in operations at one of America's most important fuel pipelines. Blount will face lawmakers for the first time since a six-day shutdown of the pipeline in May led to panic buying and...
    A banner with the logo of bitcoin is seen during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021.Marco Bello | AFP | Getty Images Bitcoin's price slipped again Tuesday. The reason for the move was unclear, however it may be related to concerns over security of the cryptocurrency after U.S....
    WASHINGTON - U.S. law enforcement officials say they have hit back at the Russian-based criminal network that caused gas pipelines to shut down across parts of the country last month, seizing much of the multimillion-dollar ransom payment before it could be used. The Justice Department announced Monday it recovered $2.3 million of the approximately $5 million Colonial Pipeline paid...
    FEDS recovered $2.3million of the Bitcoin ransom paid to the Colonial Pipeline hackers DarkSide after a cyber attack that caused a widespread gas crisis. The Justice Department announced on Monday that it had "found and recaptured" 63.7 Bitcoins paid by the Colonial Pipeline company. 4Deputy Attorney General Lisa Monaco said the Justice Department 'turned the tables on DarkSide'Credit: Reuters 4Last...
    The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. These funds allegedly represent the proceeds of a May 8, ransom payment to individuals in a group known as DarkSide, which had targeted Colonial Pipeline, resulting in critical infrastructure being taken out...
    By Sarah N. Lynch | Reuters WASHINGTON – The Justice Department on Monday said it recovered some $2.3 million worth of cryptocurrency ransomware paid by Colonial Pipeline Co, in a crackdown on hackers who launched the most disruptive U.S. cyberattack on record. Deputy Attorney General Lisa Monaco said investigators had seized 63.7 Bitcoins, now valued at about $2.3 million, paid...
    WASHINGTON -- The Justice Department has recovered the majority of a multimillion-dollar ransom payment to hackers after a cyberattack that caused the operator of the nation's largest fuel pipeline to halt its operations last month, officials said Monday.The operation to recover the cryptocurrency from the Russia-based hacker group is the first undertaken by a specialized ransomware task force created by...
    More On: cybersecurity NYC Law Department’s network frozen after cyberattack Energy secretary says enemies are capable of shutting down US power grid Cyberattacks bigger threat than Capitol riot 2.0, Senate security boss warns Amazon changing policy for police requests of Ring doorbell videos amid privacy outcry About half of the $4.4 million bitcoin ransom paid last month to the...
    SAN FRANCISCO (CBS SF) — The San Francisco branch of the FBI announced Monday that it seized the majority of a multimillion-dollar ransom payment to hackers who caused the operator of the nation’s largest fuel pipeline to halt its operations last month. In a press conference held Monday afternoon, Department Of Justice (DOJ) officials announced the recovery of Colonial Pipeline’s...
    The U.S. government recovered much of the cryptocurrency ransom payment worth approximately $4.4 million that Colonial Pipeline made to hackers last month, the Justice Department announced. U.S. law enforcement was able to track and seize the transaction back to a cryptocurrency wallet belonging to DarkSide, the eastern European group that conducted the cyberattack on Colonial Pipeline last month, Department of...
    The Justice Department has recovered most of the $4.4 million cryptocurrency ransom that Colonial Pipeline paid to the Russia-based DarkSide ransomware hacker group last month. “Ransomware and digital extortion pose a national security and an economic security threat to the United States. The Department of Justice, with our partners, is committed to using all the tools at our disposal...
    Logan Cyrus/Getty Images The United States has reportedly recovered millions in cryptocurrency paid to hackers behind the Colonial Pipeline ransomware attack. The pipeline was shut down for several days in early May after the cyberattack. On May 12th, Colonial announced it was going to restart pipeline operations. The next day Bloomberg reported Colonial did pay the hackers. The CEO of...
    A sign warns consumers on the avaliability of gasoline at a RaceTrac gas station on May 11, 2021, in Smyrna, Georgia.Elijah Nouvelage | AFP | Getty Images WASHINGTON – U.S. law enforcement officials said Monday they were able to retrieve some of the money paid to a criminal cybergroup on the heels of a crippling ransomware attack on Colonial Pipeline, according...
    Washington (CNN)US investigators have recovered millions of dollars in cryptocurrency paid in ransom to hackers whose attack prompted the shutdown of the key East Coast pipeline last month, according to people briefed on the matter.The Justice Department on Monday is expected to announce details of the operation led by the FBI with the cooperation of the Colonial Pipeline operator, the...
    The United States' energy grid is vulnerable to an enemy attack, Energy Secretary Jennifer Granholm said on Sunday. CNN's Jake Tapper asked Granholm point blank on 'State of the Union' if the nation's adversaries have the capability of shutting the energy grid down.  'Yeah, they do,' she said in ghastly warning to the country.  'There are thousands of attacks on all...
    Sen. Mark WarnerMark Robert Warner Sunday shows preview: Infrastructure expected to dominate as talks continue to drag Top union unveils national town hall strategy to push Biden's jobs plan Senate Democrats urge Google to conduct racial equity audit MORE (D-Va.), the chairman of the Senate Intelligence Committee, said on Sunday that it is worth debating whether to make paying ransoms...
    Hackers who attacked Colonial Pipeline breached the company's system using a single shared password used by multiple workers to access its systems remotely. Charles Carmakal, who consulted on the Colonial Pipeline's attack response, told Bloomberg News on Friday that the password was one used to access the company's virtual private network (VPN). VPNs allow staff to access work systems from their home...
    (CNN)Ransomware attackers gained access to Colonial Pipeline's computer networks in April using a compromised password, according to the company and a cybersecurity firm it hired -- leading to the deliberate shutdown of one of America's most important fuel distribution companies and the panic gas buying that ensued for days.The password had been linked to a disused virtual private networking account...
    THE RUSSIAN hackers responsible for shutting down Colonial Pipeline used one single compromised password, according to reports. The cyberattack on Colonial Pipeline, which transports 45 percent of all fuel consumed on the east coast, caused a gas crisis. 4Colonial Pipeline was shut down using just one compromised password, according to reportsCredit: AFP 4The hack caused gas shortages around the USCredit:...
    More On: hackers Hackers with suspected China ties breached MTA servers in April 5 of America’s largest meat plants shuttered following JBS cyberattack Colonial Pipeline CEO claims he paid ransom to hackers ‘for the country’ Running on empty: Over 1,000 gas stations are out of fuel across the Southeast The FBI is investigating about 100 different types of ransomware,...
    VIDEO2:3802:38What makes meme stock mania different from the 1990s tech bubbleSquawk on the Street Investors in bitcoin and other digital currencies are empowering online hackers, the founder of the SEC's internet enforcement office warned on CNBC on Thursday. "Ransomware is hitting everywhere and they're all collecting it in bitcoin because there's no way they're going to get caught. So you're...
    A notorious Russian hacker group is behind the cyber attack on the world’s largest meat supplier, officials stated Wednesday. The group REvil, also known as Sodinokibi, is responsible for the ransomware attack on the JBS meat supply company, the FBI said in a statement. JBS announced May 31 that its servers were breached, and it was forced to temporarily shut...
    THE US will be hit by more ransomware attacks carried out by gangs linked to foreign governments, top cybersecurity officials have warned. America has been hit by a series of devastating hacks in recent months that have targeted national interests, including an attack on meatpacking firm JBS and the days-long shutdown of the Colonial Pipeline. 7Last month, the Colonial Pipeline...