The U.S. Department of Justice is elevating investigations of ransomware attacks
The department now plans to treat ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals.
Internal guidance sent to U.S. attorney’s offices across the America stated information about ransomware investigations in the field should be centrally coordinated with a recently created task force in Washington.
The latest development comes after a cyber criminal group which is understood to be based in Russia, penetrated the pipeline operator on the U.S. East Coast, locking its systems and demanding a ransom.
The cyber hack caused a shutdown lasting several days, led to a spike in gas prices, panic buying and localised fuel shortages in the southeast.
Hackers were paid a ransom, Colonial Pipeline boss confirms
The boss of one of the United States’ biggest fuel pipelines says his company paid a $USD 4.4 million ransom to hackers.
The Colonial Pipeline experienced a cyberattack that shut down its nationwide network on 7 May. As such, millions of barrels of petrol, diesel and jet fuel stopped flowing.
Joseph Blount is the CEO of the Colonial Pipeline. He told the Wall Street Journal the ransom was a “highly controversial decision”. But he conceded it “was the right thing to do for the country”.
The 8,900 kilometre pipeline carries 2.5 million barrels a day, or 45 percent of the east coast’s supply of critical fuel supplies.
“I will admit that I wasn’t comfortable seeing money go out the door to people like this,”
Mr Blount explained
Colonial Pipeline can now report that we have restarted our entire pipeline system and that product delivery has commenced to all markets we serve. https://t.co/kpWNw0UQvepic.twitter.com/9r5hA2CLNn
However, President Biden believes there was evidence that Russian hackers were involved in the attack.
“So far there is no evidence from our intelligence people that Russia is involved. Although, there is evidence that the actors, ransomware is in Russia, they have some responsibility to deal with this.”
The hackers are from DarkSide, who allegedly steal from larger corporations and give the ransom funds to charity.
The group released a statement on the dark web. “From today, we introduce moderation and check each company that our partners want to encrypt to avoid social consequences in the future.”
As competition intensifies in the streaming landscape, with players like Roku, Vizio, and Samsung launching their ad-supported platforms, TCL aims to carve its niche by offering compelling original content.
TCL, the renowned Chinese smart-TV manufacturer, announces its innovative use of generative artificial intelligence to produce original content for its streaming platform, TCLtvPlus.
Debuting this summer, “Next Stop Paris,” an AI-driven love story, marks the inaugural program from TCLtvPlus Studios
Grindr faces lawsuit over alleged privacy breaches
Grindr, the popular gay dating app, is under fire in London as hundreds of users claim their private information, including HIV status, was shared without consent. The lawsuit alleges commercial use of sensitive data, sparking concern within the LGBTQ+ community. Grindr vows to defend its practices while emphasising its commitment to user privacy and compliance with data regulations.
Washington D.C. has been under pressure to ban the popular Chinese-owned social media app TikTok.
TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the U.S.
Calls are growing louder from many lawmakers and national security hawks to ban TikTok, over fears the app could censure content, influence users, and give Americans’ personal data to Beijing.
But the Chinese tech company, ByteDance—which owns TikTok— denies the allegations.
Dave Levinthal, the Editor-in-Chief of Raw Story joins Veronica Dudo to discuss.