Hackers Behind Colonial Pipeline Attack Received $90 Million in Bitcoin Ransom Payments

Hackers are now demanding $70 million in Bitcoin to unfreeze computers in their latest ransomware attack on hundreds of US companies.

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A ransomware attack paralyzed networks of more than 200 US companies on Friday.

Hackers targeted software supplier Kaseya and penetrated cloud-service providers by going through its network management system.

The media is blaming the Russians for the Kaseya hack.

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Joe Biden however, told reporters over the weekend he wasn’t certain the Russians were behind the latest hack – but he threatened Vladimir Putin anyway.

According to CBS, the hackers are now demanding $70 million in Bitcoin to unscramble and release the data.

CBS reporter Catherine Herridge has more information on this developing story:

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