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Colonial Pipeline
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 problem of ransomware attacks. CoinDesk's Nik De weighs in.
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.
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 ransomware hackers private. Plus, his thoughts on blockchain analytics and the proportion of criminal transactions on the blockchain.
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" panel discusses how the Colonial pipeline ransomware hacking incident demonstrates the need for collaboration between government and industry on security.
DarkSide Hackers' Bitcoin Stash Tracked
DarkSide hackers might have received 321.5 BTC for ransom since March, with 107 BTC still unaccounted for.
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 De breaks down the story of how Elliptic identified the bitcoin wallet used by DarkSide, the hacker group behind the Colonial Pipeline shutdown.
Colonial Pipeline Paid Almost $5M Crypto Ransom Soon After Attack: Report
The company previously said it would not pay the hackers.
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, to shut down. CoinDesk's privacy reporter Ben Powers breaks down the situation and discusses how this demonstrates the fragility of online infrastructure and data pipelines.