Home Business Colonial Pipeline CEO says paying $4.4 million ransom was ‘the right thing to do for the country’: report

Colonial Pipeline CEO says paying $4.4 million ransom was ‘the right thing to do for the country’: report

by staff

Gasoline tankers pass by the Colonial Pipeline storage tanks May 10, 2021, as they enter the Marathon Powder Springs Terminal in Austell, Georgia. In a Wall Street Journal report, the operator of the fuel pipeline confirmed it paid a ransom of 75 Bitcoin, worth $4.4 million, to hackers. (John Spink/AJC/TNS)

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