Feds seize $2.3 million in cryptocurrency wallet reportedly used in Colonial Pipeline ransomware attack

The Justice Department announced yesterday that it had seized 63.7 bitcoins currently valued at approximately $2.3 million that allegedly represents some portion of a May 8 payment by the Colonial Pipeline company to DarkSide ransomware attackers. Colonial Pipeline admitted paying the cybercriminals a total ransom of around $4.4 million in bitcoin to restore full functionality to its systems following the crippling ransomware attack announced by the company on May 7.To read this article in full, please click hereCSO OnlineRead More