The Globe and Mail reports in its Tuesday, June 8, edition that the U.S. Justice Department has recovered most of a multimillion-dollar ransom payment made to hackers after a cyberattack that caused Colonial Pipelines to halt its operations last month.
An Associated Press dispatch to The Globe reports that the operation to recover the cryptocurrency from the Russia-based hacker group is the first by a specialized ransomware task force created by the Biden administration Justice Department, and reflects a rare victory as U.S. officials scramble to confront a rapidly accelerating ransomware threat that has targeted critical industries globally.
Deputy Attorney General Lisa Monaco said on Monday, "By going after the entire ecosystem that fuels ransomware and digital currency, we will continue to use all of our tools and all of our resources to increase the costs and the consequences of ransomware attacks and other cyber-enabled attacks." Colonial officials have said they took their pipeline system offline before the attack could spread to its operating systems, and decided soon after to pay ransom of 75 bitcoin -- then valued at $4.4-million (U.S.) -- in hopes of bringing itself back on-line as soon as it could.
© 2026 Canjex Publishing Ltd. All rights reserved.