COLONIAL PIPELINE

U.S. authorities are expecting arrests and criminal charges related to ransomware in the coming weeks.

The broadcast giant, which is known for pushing a conservative viewpoint, did not immediately say how many of its TV stations were directly affected.

Amid an epidemic of ransomware attacks, the U.S. is discussing cybersecurity strategy with 30 countries while leaving out one key player: Russia.

Urgent efforts to decarbonize global industries will be expensive and will ultimately create jobs, Granholm underscored on Wednesday.

The Treasury Department wants to disrupt the financial underpinnings of the ransomware ecosystem by cutting off the flow of money to hackers.

In a joint advisory, the FBI and CISA said they "observed an increase in highly impactful ransomware attacks occurring on holidays and weekends — when offices are normally closed."

Gas prices are down in Michigan for the time being, but Hurricane Ida threatens to increase prices ahead of the Labor Day holiday. AAA reports the average price in Michigan is down to $3.13 per gallon, dropping by six cents per gallon over the week. While the decrease continues a trend of falling gas prices in the state over the last few weeks, the impact of Hurricane Ida has already led to an estimated 13% of oil refinery capacity in the U.S. being offline. AAA says gas prices nationally and particularly in the southeast and on the east coast won’t rise too much if the pipeline is only down for a matter of hours rather than a few days. READ MORE:Hurricane Ida will eventually affect Michigan, but not how you’d expectHere’s what September weather normally brings to Michigan

Oil companies began gradually to restart some of their refineries in Louisiana, and key fuel pipelines fully reopened, providing hopeful signs that the region’s crucial energy industry can soon recover from the blow of Hurricane Ida.

Storm shut down 95% of oil and gas production in the Gulf Coast and disrupted fuel deliveries.

At least four of the nine oil refinery's in Ida's path are believed to have paused their operations ahead of the storm. AAA says it's too early to know the full impact until power is restored.

But impact could deepen if the storm leads to a prolonged shutdown of Gulf Coast energy facilities.

All eight transmission lines carrying electricity into New Orleans and parts of surrounding parishes failed during Hurricane Ida, according to the utility, Entergy.

The meeting follows a wave of cyberattacks that have brought added urgency to security issues.

Officials from Google, Amazon, Apple, Microsoft, IBM and ADP will be at the White House on Wednesday, according to a senior Biden administration official.

Officials from Google, Amazon, Apple, Microsoft, IBM and ADP will be at the White House on Wednesday, according to a senior Biden administration official.

The Biden administration is eyeing ways to harden cybersecurity defenses for critical infrastructure.

The Department of Homeland Security has announced new requirements for U.S. pipeline operators to bolster cybersecurity following a May ransomware attack that disrupted gas delivery across the East Coast.

From Southampton to Palm Beach, these homes won't be on the market for long Originally Appeared on Architectural Digest

Inside the hacks that lock down computer systems and damage businesses.

Kaseya, the IT company that was hit with a massive ransomware attack shortly before the July 4 holiday weekend, said the attack hit as many as 1,500 businesses but could have been much bigger.

The federal government has long struggled to attract top cybersecurity experts who work for large tech companies.

Paying cryptocurrency like bitcoin to end ransomware attacks is a decision many companies say is the only choice, even if the funds can help hackers get better.

The increased investment in cybersecurity follows a steady drumbeat of ransomware attacks that have directly impacted Americans and hampered services.

Attorneys said the “sudden and calamitous event” cost gas stations business.

Attorneys said the “sudden and calamitous event” cost gas stations business.

Attorneys said the “sudden and calamitous event” cost gas stations business.

The cruise giant says it has notified affected people and set up a call center to answer questions.

Lawmakers had called for Biden to get tough with Putin during their summit.

A quarter of businesses surveyed ultimately shut down, with nearly one in three losing top leadership, either by dismissal or resignation, and 29% forced to eliminate jobs.

Ransomware attacks are increasingly targeting companies’ computer systems, demanding money in exchange for returning access and data. How should the U.S. respond?

Unauthorized activity on McDonald's network exposed the personal data of some customers in South Korea and Taiwan, the company says. No customer payment information was exposed.

FBI Director Christopher Wray says the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting their systems back online.

The FBI's director told lawmakers Thursday that the bureau discourages ransomware payments to hacking groups even as major companies in the past month have participated in multimillion-dollar transactions aimed at getting their systems back online. “It is our policy, it is our guidance, from the FBI, that companies should not pay the ransom for a number of reasons,” Christopher Wray testified under questioning from members of the House Judiciary Committee. In ransomware attacks, hackers lock up and encrypt a victim's data and demand a payment in order to return it.

Ransomware, a program that hackers use to hold digital information hostage, has become the top choice of malware for criminals.

Cybercriminals are using sophisticated malware to attack companies' IT systems, and they are demanding ransom payments in digital currencies

MacKenzie Sigalos breaks down bitcoin's latest turn lower after the FBI recovered most of the ransom Colonial Pipeline paid criminal group Darkside.

Security experts warn that future hacks of American companies could disrupt the U.S. food supply.

Joseph Blount told senators that authorizing the payment to hackers was the right thing to do to bring an end to the pandemonium and fuel shortages.

The CEO of Colonial Pipeline, during his first appearance before lawmakers, took full responsibility for the decision to pay a multimillion-dollar ransom to criminal hackers who penetrated the company’s networks in May.

Joseph Blount said the decision to pay hackers a $4.4m (£3.1m) ransom was the toughest in his career.

He's expected to tell members of the Senate Homeland Security Committee how his company responded when it was hit by a major cyberattack last month.

A pipeline company CEO is making no apologies for 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.

The US Justice Department said it has recovered more than half of the $4.4 million (£3.1 million) paid by Colonial Pipeline to ransomware extortionists Darkside, who had forced the shutdown of a major fuel network. DarkSide infiltrated the pipeline last month in an attack that severely disrupted supplies and caused fuel shortages for days. The group, which Washington officials believe could be based in Russia, broke into the computer systems of Colonial and forcing the shutdown of its 5,500-mile

The FBI recovers $2.3m of ransom from DarkSide’s Bitcoin account

It's the first operation undertaken by a specialized ransomware task force created by the Biden administration Justice Department.

The Justice Department says it has seized Bitcoin worth millions of dollars that was part of what Colonial Pipeline paid to get control of its systems back from hackers.

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 the Biden administration Justice Department, and reflects what U.S. officials say is an increasingly aggressive approach to deal with a ransomware threat that in the last month has targeted critical industries around the world. Georgia-based Colonial Pipeline, which supplies roughly half the fuel consumed on the East Coast, temporarily shut down its operations on May 7 after a gang of criminal hackers known as DarkSide broke into its computer system.

WASHINGTON - The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. The seizure warrant was authorized earlier today by the Honorable Laurel Beeler, U.S. Magistrate Judge for the Northern District of California. “We need to continue improving the cyber resiliency of our critical infrastructure across the nation, including in the Northern District of California. The Department components who worked on this seizure coordinated their efforts through the Department’s Ransomware and Digital Extortion Task Force, which was created to combat the growing number of ransomware and digital extortion attacks. The Task Force also strategically targets the ransomware criminal ecosystem as a whole and collaborates with domestic and foreign government agencies as well as private sector partners to combat this significant criminal threat.

U.S. officials said they were able to retrieve some of the money paid to criminal hackers on the heels of a crippling ransomware attack on Colonial Pipeline.

‘The way you stop it is you go back to a much more old-fashioned form of accounting and things,’ Mr Trump says

Ransomware locks up a victim's files until money is paid. Here's how to protect your data and avoid an attack on your computer network

The decision comes in the wake of the Colonial Pipeline hack which forced the company to pay a $4.4 million ransom.

Deputy Attorney General Lisa Monaco warned that business leaders need to do more to prepare for an onslaught of ransomware attacks.

Agencies will work together to investigate cyberattacks in the same way they do to for terrorism

NPR's Mary Louise Kelly speaks with Colonial Pipeline CEO Joe Blount on the ransomware attack on the pipeline's network and the decision to pay the hackers the $4.4 million ransom.

John Reed Stark, now a cybersecurity consultant, said on CNBC on Thursday that bitcoin and other digital currencies are the "essence of ransomware."

Data shows cybercrimes have recently been on the rise.

The operator of the nation’s largest gasoline pipeline that was hit with a ransomware cyberattack says it has resumed normal operations and is now delivering millions of gallons of fuel per hour.

Watch live coverage as President Biden delivers remarks on his administration's response to the COVID-19 pandemic as the Centers for Disease Control is lifting some restrictions on vaccinated Americans.

President Joe Biden held a news briefing Thursday afternoon on the cyber attack on the Colonial Pipeline that has affected gasoline supply and costs across the U.S.

President Joe Biden has warned gasoline stations not to engage in price gouging as motorists wait for fuel to start flowing reliably through the Colonial Pipeline.

Gas prices are expected to rise ahead of the Memorial Day holiday.

The shutdown of a major pipeline on the East Coast due to a cyberattack will not impact automotive fuel supply in Michigan, officials said on Wednesday.

A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure.