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- Jun 8, 2008
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Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom
Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.The...
www.bloomberg.com
What are your thoughts regarding the fact that Colonial Pipeline paid the ransom to the hackers?
Doesn't this open the door to more crimes like this one?
Isn't this a risky precedent to set?
Or was there no choice in your opinion?