House Homeland Security Committee Hearing on the Colonial Pipeline Cyber Attack
Colonial Pipeline CEO Joseph Blount testified before Congress for the second consecutive day about the recent ransomware attack on his company In his opening… read more
Colonial Pipeline CEO Joseph Blount testified before Congress for the second consecutive day about the recent ransomware attack on his company In his opening testimony before the House Homeland Security Committee hearing, Mr. Blount apologized for the disruptions the attack caused to the nation and explained to members why he paid the ransom. Also testifying during the virtual hearing was Charles Carmakal, senior vice president and chief technology officer at FireEye Mandiant, a cybersecurity firm working with Colonial Pipeline. Mr. Carmakal explained to members how the hackers entered Colonial’s IT system using an old login credential that was no protected. Two days before Mr. Blount’s and Mr. Carmakal’s appearance on Capitol Hill, the Justice Department announced it had recaptured $2.3 million in cryptocurrency that Colonial Pipeline paid to hackers. close
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