Colonial Pipeline reportedly paid the hackers nearly $5 million, despite suggestions to contrary

Colonial Pipeline reportedly paid the hackers nearly $5 million, despite suggestions to contrary


Photo by JIM WATSON/AFP via Getty Images

After a devastating and deeply embarrassing cyberattack on one of the United States’ largest oil pipelines, one that forced many gas stations to shut down and reportedly saw average national gas prices rise above $3 for the first time since 2014, the oil is flowing again — but Bloomberg is reporting that Colonial Pipeline had to pay a nearly $5 million ransom to get there, and paid that ransom within mere hours.

That’s striking, because it’s the opposite of what Reuters, CNNand others reported in the wake of the attack. “Sources familiar with the company’s response,” a phrase often used when a company doesn’t want to be named, suggested the company had no plans to pay hackers. CNN’s sources insisted Colonial Pipeline had not yet paid…

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