The US based Colonial Pipeline has suffered a serious ransomware attack on their system, causing them to lose an amount of $5 million as a ransom.
As per reports, the devastating attack on the largest pipeline system for refined oil products has also created the increase in the price of the fuel prices.
The company paid the hefty ransom within an hour of the attack, said Bloomberg’s report. It also stated that the US Government officials are aware that the Colonial made a payment to the darkside ransomware collective.
Once the ransom payment is received, the darkside operators provide the company a decryption tool to return the disable computer network to life.
A person close to the company said, the tool was so slow that the Colonial Pipeline has to use its own backups to restore the system.
“A representative from Colonial declined to comment. Colonial said it began to resume fuel shipments around 5 p.m. Eastern time Wednesday,” Bloomberg added.
Previously affected companies from DarkSide criminal organizations include the brands – Forbes Energy Services and Gyrodata.
Security researchers believe that the ransomware used was coded with a Carbon Spider threat group, called Anunak, Carbanak and FIN7.
The thing to be noted here is that high-level manager and system administrator of Carbon Spider was just sentenced 10 years prison in United States.
