DiscoverWSJ Tech News BriefingHow the FBI Got Colonial Pipeline's Ransom Back
How the FBI Got Colonial Pipeline's Ransom Back

How the FBI Got Colonial Pipeline's Ransom Back

Update: 2021-06-14
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Last week, law enforcement said it had retrieved 64 of the 75 bitcoin Colonial Pipeline paid to hackers after a ransomware attack. The announcement challenges the cryptocurrency's reputation as an untraceable form of payment. Cybersecurity reporter David Uberti joins host Amanda Lewellyn to explain how the FBI got the money back, and what it means for the fight against ransomware. Correction: The hackers with the ransomware group DarkSide still have more than 11 bitcoin from Colonial Pipeline's ransom payment. The value of those bitcoin is currently equal to more than $400,000. An earlier version of this podcast incorrectly said hackers retained more than $2 million in bitcoin after the FBI's seizure.

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How the FBI Got Colonial Pipeline's Ransom Back

How the FBI Got Colonial Pipeline's Ransom Back

The Wall Street Journal