Ransomware attackers gained access to Colonial Pipeline's computer networks in April using a compromised password, according to the company and a cybersecurity firm it hired -- leading to the ...

The operator of the nation's largest fuel pipeline has confirmed it paid $4.4 million to a gang of hackers who broke into its computer systems.

Whether the pipeline stays shut that long in turn depends on how deeply the hackers penetrated Colonial's network - and how soon cybersecurity experts can pull them out.

Hackers gained entry into the networks of Colonial Pipeline Co. on April 29 through a virtual private network account, which allowed employees to remotely access the company’s computer network.

On Friday, Colonial Pipeline said it learned that hackers had infected its computer networks with ransomware, malicious code used to seize control of computers and extract payments from victims.

Joseph Blount, the chief executive of Colonial Pipeline, told a Senate committee on Tuesday that the company believes cybercriminals accessed its computer systems via a virtual private network ...

The company struck by a ransom attack paid nearly $5 million in ransom funds in the form of cryptocurrency, according to Bloomberg.

Tech Audit of Colonial Pipeline Found ‘Glaring' Problems Colonial has not said how the hackers penetrated its network By Frank Bajak • Published May 12, 2021 • Updated on May 12, 2021 at 11: ...

Investigators are looking at a group of hackers called DarkSide, who seem to be behind the cyberattack on Colonial Pipeline, which temporarily halted its pipeline operations on Friday.

Whether the pipeline stays shut that long, in turn, depends on how deeply the hackers penetrated Colonial's network - and how soon cybersecurity experts can pull them out.