WASHINGTON (AP) – The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorize a multimillion-dollar payment when he testifies before Congress this week. Colonial Pipeline CEO Joseph Blount will face the Senate Homeland Security Committee on Tuesday, one day after the Justice Department revealed it had recovered the majority of the $4.4 million ransom payment the company made in hopes of getting its system back online. A second hearing is set for Wednesday before the House Homeland Security Committee.
U.S. Recovers Most Of Pipeline Ransom
June 8, 2021 4:10 am