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Pipeline exec to face Congress as US recovers most of ransom – Colorado Springs, Colorado

Colorado Springs, Colorado 2021-06-08 05:11:37 –

CEO of a large fuel pipeline struck by ransomware last month details his company’s response to cyberattacks and approves multi-million dollar payments in a testimony to Congress this week. I will explain the decision.

Colonial Pipeline CEO Joseph Braunt said Tuesday, the day after the Justice Department revealed that he had recovered most of the company’s $ 4.4 million ransom in hopes of bringing the system back online. I will meet with the Senate Land Security Committee.

A second hearing is scheduled for Wednesday before the House Department of Homeland Security.

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Pipeline exec to face Congress as US recovers most of ransom Source link Pipeline exec to face Congress as US recovers most of ransom

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