Colonial Pipeline CEO: Paying the ransom was one of the toughest decisions to make in life

According to Gleaner, Joseph Blount, CEO of U.S. oil pipeline company Colonial Pipeline, said that given the company’s critical role in fuel transportation and the “chaos” that could result from a prolonged pipeline shutdown, he decided to pay a ransom to the hackers. It was one of the hardest decisions I’ve ever had to make in my life,” he said. At the time, I kept the information confidential because we were concerned about the security of the operation and wanted to minimize publicity about it. But I believe that restoring critical infrastructure as soon as possible is the right thing to do for the country in this situation.”
In previous news, Joseph Blount is expected to face Congress on Tuesday to provide justification for his May 14 decision to authorize a nearly $5 million bitcoin ransom payment.