Colonial Pipeline CEO on giving in to ransom demand: ‘right thing to do for the country’

Joseph Blunt, CEO of Colonial Pipeline Co. told Wall Street Journal that the company had first discovered the hack at around 5:30 a.m. on May 7 and had decided by the night that they had to pay a $4.4 million ransom. What played into the decision to pay? Colonial Pipeline is the largest operator of […]