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FBI seized Colonial Pipeline ransom using private key

After Colonial Pipeline paid a $4.4 million ransom demand in last month's attack, the DOJ announced the majority of the funds have been retrieved by the FBI.

Using a bitcoin private key, the FBI recovered the majority of the ransom payment made by Colonial Pipeline Company following a ransomware attack last month.

During a press conference Monday, Deputy Attorney General Lisa Monaco announced that the Department of Justice (DOJ) had "turned the tables on Darkside," the ransomware network behind the attack on Colonial Pipeline. The DOJ found and recaptured $2.3 million of the $4.4 million Colonial paid in bitcoin to DarkSide, which known for using double extortion technique of encrypting victims' data and threatening to expose such data to the public.

Monaco said Colonial's quick notification to law enforcement aided in the retrieval, which was ...

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