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Colonial Pipeline CEO admits to authorizing $4.4 million ransomware payment

Colonial Pipeline CEO Joseph Blount said he authorized a ransom payment of $4.4 million in response to a cyberattack on the company’s network earlier this month, according to The Wall Street Journal, which published an interview with the CEO Wednesday.

Colonial Pipeline CEO Joseph Blount said he authorized a ransom payment of $4.4 million in response to a cyberattack on the company’s network earlier this month, according to The Wall Street Journal, which published an interview with the CEO Wednesday.

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