Russia Nabs Colonial Pipeline Hacker In Raids On Ransomware Ring, U.S. Says

The Biden administration confirmed Friday that Russia's Federal Security Service (FSB) had arrested a hacker who was believed to be responsible for a May cyberattack on the Colonial Pipeline.

Fuel tanks are seen at a tank farm in New Jersey.

Michael M. Santiago is a photographer.

The homes of 14 people were raided and millions of dollars were taken by the FSB, according to CNN.

The people who were arrested in the raids would be prosecuted, CNN reported.

The arrests came after months of talks between the Biden Administration and Russian officials, and were the result of the appeal of competent U.S. authorities.

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Up to 1,500 businesses around the world have been affected by the REvil group alone, which is an increasing problem for businesses. On May 7, the Colonial Pipeline was shut down due to a hacker group attacking it. The Justice Department recovered about $2.3 million from the hackers after they were paid about $4.4 million in the digital currency. 11 states were suffering fuel shortages after the restart of the pipeline. More than half of the gas stations in the state had no fuel on the day the gas line reopened. On May 14, DarkSide announced that it was going to be dissolved after the group's server was seized by law enforcement.

CNN reported that US officials believe Russia arrested the hacker responsible for the attack.

Private equity factors in the Colonial Pipeline Hack.