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Colonial Pipeline

Is Banning Bitcoin the Solution to Ransomware Attacks?
Video
Bitcoin
Is Banning Bitcoin the Solution to Ransomware Attacks?
After the Colonial Pipeline ransomware attack, some on Capitol Hill are wondering whether restrictions – or even an outright ban – on bitcoin are a solution for the growing pr...
Is Banning Bitcoin the Solution to Ransomware Attacks?
By CoinDesk Staff
Jun 4, 2021 at 4:37 p.m. UTC
Jun 4, 2021
BitcoinNikhilesh DecdtvFM ClipColonial PipelineRansomware Attack
Rep. Carolyn Maloney (D-N.Y.) demanded answers from Colonial Pipeline and CNA Financial about their ransomware payments, warning that paying these fees may lead to further growth in ransomware attacks.
Markets
Ransomware
Top US Lawmaker Presses Big Companies on Ransomware Crypto Payments
Paying international criminals to unlock data “will put an even bigger target on the back of critical infrastructure,” says U.S. Rep. Carolyn Maloney.
Rep. Carolyn Maloney (D-N.Y.) demanded answers from Colonial Pipeline and CNA Financial about their ransomware payments, warning that paying these fees may lead to further growth in ransomware attacks.
By Nikhilesh De
Jun 3, 2021 at 9:38 p.m. UTC
Jun 3, 2021
RansomwareColonial PipelineHouse Oversight CommitteeCarolyn MaloneyCNA Financial
Elliptic: 'Far Less than One Percent' of All Bitcoin Transactions Are Criminal
Video
Cdtv
Elliptic: ‘Far Less Than 1%’ of All Bitcoin Transactions Are Criminal
Dr. Tom Robinson, Elliptic’s co-founder and chief scientist, explains why Elliptic is keeping the information about their discovery of the wallet used by Colonial Pipeline ran...
Elliptic: 'Far Less than One Percent' of All Bitcoin Transactions Are Criminal
By CoinDesk Staff
May 27, 2021 at 7:27 p.m. UTC
May 27, 2021
cdtvFM ClipEllipticColonial PipelineRansomware AttackConsensus_2021Tom Robinson
DHS to Issue First Cybersecurity Regulations in Wake of Colonial Pipeline Hack
Video
Cdtv
DHS to Issue First Cybersecurity Regulations in Wake of Colonial Pipeline Hack
The Department of Homeland Security (DHS) is issuing a security directive that will require pipeline companies to report cybersecurity incidents to the agency. “The Hash” pane...
DHS to Issue First Cybersecurity Regulations in Wake of Colonial Pipeline Hack
By CoinDesk Staff
May 26, 2021 at 1:01 a.m. UTC
May 26, 2021
cdtvHash clipColonial PipelineRansomware AttackConsensus_2021Department of Homeland SecurityDHS
Detective board with evidence
Finance
Elliptic
DarkSide Hackers' Bitcoin Stash Tracked
DarkSide hackers might have received 321.5 BTC for ransom since March, with 107 BTC still unaccounted for.
Detective board with evidence
By Anna Baydakova
May 17, 2021 at 8:21 p.m. UTC
May 17, 2021
EllipticBitcoinHackCrystalCrypto TracingColonial PipelineDarkSide
The Bitcoin Wallet Used by Colonial Pipeline Hackers Is Identified; Now What?
Video
Chainalysis
The Bitcoin Wallet Used by Colonial Pipeline Hackers Is Identified; Now What?
Is bitcoin really untraceable? As blockchain analytics firms such as Elliptic and Chainalysis show, bitcoin transactions are not as secret as some people think. CoinDesk’s Nik...
The Bitcoin Wallet Used by Colonial Pipeline Hackers Is Identified; Now What?
By CoinDesk Staff
May 17, 2021 at 2:33 p.m. UTC
May 17, 2021
ChainalysisNikhilesh DecdtvFM ClipEllipticColonial PipelineDarkSide
Colonial Pipeline facility
Policy
Crime
Colonial Pipeline Paid Almost $5M Crypto Ransom Soon After Attack: Report
The company previously said it would not pay the hackers.
Colonial Pipeline facility
By Jamie Crawley
May 13, 2021 at 3:12 p.m. UTC
May 13, 2021
CrimeRansomwareBitcoinMoneroColonial Pipeline
Ransomware Attack Forces Major US Pipeline to Shut Down
Video
Cdtv
Ransomware Attack Forces Major US Pipeline to Shut Down
A ransomware attack, apparently carried out by a criminal group over the weekend, forced Colonial Pipeline, which carries nearly half of the East Coast’s gasoline and diesel,...
Ransomware Attack Forces Major US Pipeline to Shut Down
By CoinDesk Staff
May 10, 2021 at 5:25 p.m. UTC
May 10, 2021
cdtvHash clipColonial PipelineRansomware Attack