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Colonial Pipeline CEO Explains Why He Made Ransomware Hackers Rich

Colonial Pipeline CEO Explains Why He Made Ransomware Hackers Rich
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Wired: Colonial Pipeline s Ransomware Payoff Keeps Infrastructure in the Crosshairs

A recent report from Wired reveals that a week after a ransomware attack shut down Colonial Pipeline halting fuel distribution on the East Coast, the company paid a reported $5 million dollar ransom to regain control of their systems and resume operations. The payoff may lead to future ransomware attacks, as one expert notes: "Unfortunately, it’ll help keep United States critical infrastructure providers in the crosshairs. If a sector proves to be profitable, they’ll keep on hitting it.”

Exclusive - Cybersecurity Expert: Ransomware Attacks Happen Because the Bad Guys Make Big Money

12 May 2021 Morgan Wright, the Chief Security Advisor at SentinelOne and former Senior Advisor of the U.S. State Department and the Anti-Terrorism Assistance Program, appeared on SiriusXM’s Breitbart News Daily with host Alex Marlow on Wednesday to discuss the recent rise in ransomware attacks. According to Wright, “if you remove the ability to monetize this, these gangs are out of business because they’re only in it for one reason to make money.” Morgan Wright, the Chief Security Advisor at SentinelOne and former Senior Advisor of the U.S. State Department and the Anti-Terrorism Assistance Program, appeared on Breitbart News Daily today to speak with Breitbart News Editor-in-Chief and host of Breitbart News Daily, Alex Marlow. The key topic of the day was the rise in ransomware attacks and the recent cyber attack on the Colonial Pipeline.

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