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How the Colonial Pipeline hack is part of a growing ransomware trend in the US

Technology | The Guardian

Cyber criminals have attacked solar power firms, water treatment plants and police departments in attempts to extort money

The wider American public was afforded an unwanted glimpse into the Wild West world of ransomware this week, after a cyber attack crippled Colonial Pipeline, causing fuel shortages across the eastern seaboard and states of emergency to be declared in four states.

But experts warn that ransomware attacks – which are part-ransom, part-blackmail, part-invocation of squatters’ rights – are becoming more frequent, while the mostly Russia-based hackers are growing more sophisticated with their methods.

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May 14th 2021, 2:23 am
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