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Colonial CEO Defends Hack Response and Offers Lessons Learned

  • Colonial Pipeline’s Blount testifies before Senate panel
  • Paying ransom ‘one of the toughest decisions I have had’
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WATCH: Colonial Pipeline CEO Joseph Blount explains how the company came to paying the ransom to offset the incident that paralyzed the East Coast’s flow of gasoline, diesel and jet fuel.(Source: Bloomberg)
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The chief executive officer of the pipeline company hit by a ransomware attack last month apologized to a U.S. Senate panel for the incident that paralyzed the East Coast’s flow of gasoline, diesel and jet fuel, while defending his company’s response and offering tips for future hacking victims.

“We are deeply sorry for the impact that this attack had, but are also heartened by the resilience of our country and of our company,” Colonial Pipeline Co. CEO Joseph Blount Jr. said at Tuesday’s hearing.