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Pipeline exec to face Congress as US recovers most of ransom

WASHINGTON (AP) — The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorize a multimillion-dollar payment when he testifies before Congress this week.

Colonial Pipeline CEO Joseph Blount will face the Senate Homeland Security Committee on Tuesday, one day after the Justice Department revealed it had recovered the majority of the $4.4 million ransom payment the . . .

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US recovers most of ransom paid after Colonial Pipeline hack

WASHINGTON (AP) — The Justice Department has recovered most of a multimillion-dollar ransom payment made to hackers after a cyberattack that caused the operator of the nation’s largest fuel pipeline to halt its operations last month, officials said Monday.

The operation to seize cryptocurrency paid to the Russia-based hacker group is the first of its kind to be undertaken by a specialized ransomware task force created by the Biden administration Justice Department. It reflects a rare . . .

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Energy chief cites risk of cyberattacks crippling power grid

WASHINGTON (AP) — Energy Secretary Jennifer Granholm on Sunday called for more public-private cooperation on cyber defenses and said U.S. adversaries already are capable of using cyber intrusions to shut down the U.S. power grid.

“I think that there are very malign actors who are trying,” she said. She added: “Even as we speak, there are thousands of attacks on all aspects of the energy sector and the private sector generally.”

Granholm noted, without mentioning the company by name, that Colonial Pipeline Co. was hit in May with a crippling . . .

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US pipelines ordered to increase cyber defenses after hack

WASHINGTON (AP) — U.S. pipeline operators will be required for the first time to conduct a cybersecurity assessment under a Biden administration directive in response to the ransomware hack that disrupted gas supplies in several states this month.

The Transportation Security Administration directive being issued Thursday will also mandate that the owners and operators of the nation’s pipelines report any cyber incidents to the federal government and have a cybersecurity coordinator available at all times to work with authorities in the event of an attack like the one that shut down Colonial Pipeline.

Pipeline companies, which until now operated under voluntary guidelines, could face financial penalties that start at . . .

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House GOP falsely blames Biden for gas prices

WASHINGTON (AP) — Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming President Joe Biden for higher gasoline and lumber costs.

Gas prices have risen in recent weeks because a key pipeline was forced to close after a cyberattack. And lumber shortages — which existed during former President Donald Trump’s administration — were worsened by an unexpected housing boom.

Shortages have bedeviled the economy this spring, but most economists attribute the bulk of them to the . . .

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