Colonial Pipeline Paid Roughly $5 Million in Ransom to Hackers

In a separate ransomware attack on the Washington, D.C., Metropolitan Police Department , hackers said the price the police offered to pa...


In a separate ransomware attack on the Washington, D.C., Metropolitan Police Department, hackers said the price the police offered to pay was “too small” and dumped 250 gigabytes of the department’s data online this week, including databases that track gang members.

In his remarks on Thursday, Mr. Biden seized on the Colonial Pipeline hack as further proof that the United States needed to improve its critical infrastructure, and he urged lawmakers to back his $2.3 trillion proposal to rebuild roads, bridges, pipelines and other projects.

Republicans have balked at the size of Mr. Biden’s proposals, accusing the president of wanting to raise taxes to pay for things that they do not consider infrastructure, like programs for home health aides. Mr. Biden has proposed to increase taxes on wealthy people and corporations to pay for his spending, but has said he is open to other ideas.

“I’m willing to negotiate, as I indicated yesterday to the House members and to the leadership,” Mr. Biden said. “But it’s clearer than ever that doing nothing is not an option.”

Gasoline prices rose by roughly 3 cents in South Carolina and Georgia from Wednesday to Thursday, about half the amount of the increases of the previous few days. But prices in Tennessee, which depends on an offshoot of the pipeline, rose by 6 cents, to $2.87 for a gallon of regular. Nationwide, the average price for a gallon of regular increased by 2 cents, to $3.03, according to the AAA auto club.

Gasoline supplies vary from state to state along the pipeline, in part because some places have more storage than others. In New Jersey, only 1 percent of gasoline stations lacked fuel early Thursday morning, while more than half of the stations in Virginia, North Carolina and South Carolina were out of fuel, according to GasBuddy, an app that monitors fuel supplies. Friday is traditionally the biggest day for gasoline sales.

It is likely to take at least through the weekend for supply at all gasoline stations to return to normal functioning because it takes time for fuel to pass through the pipeline.

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Newsrust - US Top News: Colonial Pipeline Paid Roughly $5 Million in Ransom to Hackers
Colonial Pipeline Paid Roughly $5 Million in Ransom to Hackers
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Newsrust - US Top News
https://www.newsrust.com/2021/05/colonial-pipeline-paid-roughly-5.html
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