• 407 days Will The ECB Continue To Hike Rates?
  • 408 days Forbes: Aramco Remains Largest Company In The Middle East
  • 409 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 809 days Could Crypto Overtake Traditional Investment?
  • 814 days Americans Still Quitting Jobs At Record Pace
  • 816 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 819 days Is The Dollar Too Strong?
  • 819 days Big Tech Disappoints Investors on Earnings Calls
  • 820 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 822 days China Is Quietly Trying To Distance Itself From Russia
  • 822 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 826 days Crypto Investors Won Big In 2021
  • 826 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 827 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 829 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 830 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 833 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 834 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 834 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 836 days Are NFTs About To Take Over Gaming?
China’s Road To Tech Independence

China’s Road To Tech Independence

President Xi Jinping has declared…

Caltech Scientists Succesfully Beam Back Solar Power From Space

Caltech Scientists Succesfully Beam Back Solar Power From Space

Engineers at the California Institute…

Oilprice.com

Oilprice.com

Writer, OilPrice.com

Information/Articles and Prices on a wide range of commodities: We have assembled a team of experienced writers to provide you with information on Crude Oil,…

Contact Author

  1. Home
  2. Tech
  3. Tech News

Pipeline Hackers Lose Access To Ransom Funds

Pipeline Hackers Lose Access To Ransom Funds

The operator of the ransomware group Darkside said on Friday it had lost control of its servers and some of the money it had made through ransom payments, Recorded Future threat intelligence analyst Dmitry Smilyanets reported.

"A few hours ago, we lost access to the public part of our infrastructure, namely: Blog. Payment server. DOS servers," Darksupp, the operator of the Darkside ransomware, said in a post spotted by Smilyanets.

The operator of Darkside also said that cryptocurrency funds were withdrawn from their payment server, which was hosting ransom payments.

Darkside was behind the ransomware attack on the main pipeline carrying gasoline and diesel to the U.S. East Coast, Colonial Pipeline, which shut down late last week, disrupting gasoline and diesel deliveries to many states. This created panic buying and sent the national U.S. average gasoline price above $3 per gallon for the first time since 2014.

Colonial Pipeline has reportedly paid the ransom, to the tune of almost US$5 million in untraceable cryptocurrency, to the hackers that forced the operator to shut down the main U.S. fuel pipeline, Bloomberg reported on Thursday, citing two sources with knowledge of the transaction.

The ransomware group said it had lost access to servers just a day after U.S. President Joe Biden said that "We're also going to pursue a measure to disrupt their ability to operate," referring to the hackers of Colonial Pipeline's computer network. President Biden said there was no evidence that the Russian government was behind the attack, but the people involved in the ransomware attack "are living in Russia."

According to Recorded Future's Smilyanets, the announcement from Darkside could mean that the U.S. had taken steps to disrupt the cyber criminals' "ability to operate". But it could also be a smokescreen so that the hackers shut down the computer infrastructure and network and run away with the money, the so-called "exit scam," Smilyanets warns.

By Tsvetana Paraskova for Oilprice.com

Back to homepage

Leave a comment

Leave a comment