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Colonial Pipeline paid hackers millions in ransom

Christian Fernsby |
Colonial Pipeline paid a ransom to hackers after it fell victim to a sweeping cyberattack.

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It was not clear how much the company paid and when the transaction took place, one source familiar with the situation confirmed to CNBC.

The Colonial Pipeline Co. reportedly paid $5 million, Yahoo reports.

The company paid the hefty ransom in untraceable cryptocurrency within hours of the attack on Friday last week.

The reports says the U.S. government officials are aware that Colonial made the payment.

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