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Most Business Executives Would Be Willing To Pay Cyber Ransoms: New Survey



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Fuel tanks are seen at Colonial Pipeline Baltimore Delivery in Baltimore, Maryland on May 10, 2021. … [+] – The US government declared a regional emergency Son May 9, 2021 as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected. The Colonial Pipeline Company ships gasoline and jet fuel from the Gulf Coast of Texas to the populous East Coast through 5,500 miles (8,850 kilometers) of pipeline, serving 50 million consumers. The company said it was the victim of a cybersecurity attack involving ransomware — attacks that encrypt computer systems and seek to extract payments from operators. ( …

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