Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

FBI Director Wray Urges Companies Stop Paying Ransoms to Hackers
Newsmax ^ | June 23, 2021

Posted on 06/23/2021 4:27:24 PM PDT by Navy Patriot

FBI Director Chris Wray on Wednesday pleaded with public companies and other hacking victims to avoid paying ransom, saying he fears it will only embolden cyber criminals to ramp up future attacks.

...

The Justice Department has disclosed it managed to help the Colonial Pipeline Co recover some $2.3 million in cryptocurrency ransom it paid to hackers...

The FBI was able to recover those funds because it had a private key that it was able to use to unlock a bitcoin wallet holding most of the money. It was unclear how the FBI managed to access the key.

(Excerpt) Read more at newsmax.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-2021-22 next last
Apparently the "Hackers" haven't been forwarding the loot to the boss and he's pissed.
1 posted on 06/23/2021 4:27:24 PM PDT by Navy Patriot
[ Post Reply | Private Reply | View Replies]

To: Navy Patriot

FBI’s coffers must be full.


2 posted on 06/23/2021 4:28:59 PM PDT by LIConFem (Bring a Commie to room temperature for Mommy)
[ Post Reply | Private Reply | To 1 | View Replies]

Just 10% to the big guy.


3 posted on 06/23/2021 4:30:45 PM PDT by proust (All posts made under this handle are, for the intents and purposes of the author, considered satire.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Navy Patriot
FBI got the key because they were the source of the malware.
It was a test to see if they could believably frameup people for malware terrorism.
4 posted on 06/23/2021 4:32:24 PM PDT by Darksheare (Those who support liberal "Republicans" summarily support every action by same. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

So following the same logic,I suppose Wray should be cutting off funding to Hamas since they pay suicide bombers to blow up Israelis?


5 posted on 06/23/2021 4:33:28 PM PDT by blackdog (Joe Biden, Deep State Cuckold.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

Because the FBI knows how to handle this. From the DNC servers to the Sony hack to the Colonial Pipeline to the state and municipal computer hacks and everything in-between, the FBI shows great competence.


6 posted on 06/23/2021 4:33:30 PM PDT by monkeyshine (live and let live is dead)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

what a completely incompetent, evil ahole. WHAT, pray tell, are these companies supposed to do to get their data back???? OMG My brother in law had his law firm taken captive and the FBI told him to pay them; there was nothing else anyone, including the FBI, could do. Utterly powerless.


7 posted on 06/23/2021 4:35:27 PM PDT by spacejunkie2001
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

Hey Chris?

Why Isn’t Hillary, Comey, Brennan, McCabe, Clapper, Willy, Strzok, Obama, Kerry, et. al. in fkg prison?


8 posted on 06/23/2021 4:38:02 PM PDT by Eddie01
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

What about a politician who pays a billion dollars of our money to get rid of the foreign prosecutor who is investigating his crack-smoking, whore-renting, 10% for the big guy kid?


9 posted on 06/23/2021 4:43:01 PM PDT by KarlInOhio (Police should refuse duty at NBA venues. Let them wallow in their desired chaos without police.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

Did Wray just authorize the non-payment of taxes to the federal government?


10 posted on 06/23/2021 4:46:55 PM PDT by SERE_DOC ( The beauty of the Second Amendment is that it will not be needed until they try to take it. TJ)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

If Wray et al would do their jobs instead of trying to destroy those they don’t agree with….


11 posted on 06/23/2021 4:54:45 PM PDT by Nifster (I see puppy dogs in the clouds)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

Wray pleading.


12 posted on 06/23/2021 5:08:06 PM PDT by alternatives?
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

I didn’t realize Wray was even still there. That is scary :/


13 posted on 06/23/2021 5:15:15 PM PDT by Bikkuri (If you're conservative, you're an "extremist." If you're liberal, you're an "activist.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

I heard tax experts in say that corporations could use ransom paid as a Tax deduction


14 posted on 06/23/2021 5:16:22 PM PDT by hadaclueonce ( This time I am Deplorable )
[ Post Reply | Private Reply | To 1 | View Replies]

To: LIConFem

“FBI’s coffers must be full.”

LOL


15 posted on 06/23/2021 5:18:15 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Navy Patriot

Most likely, the FBI were the “hackers.”


16 posted on 06/23/2021 5:22:06 PM PDT by dinodino ( )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot
Doesn't anyone remember the first days of the Colonial Pipeline hack??? A bevy of senior Administration officials were sooo confident that the federal government would have them up and running in no time at all!

When the government predictably failed, the pipeline had to pay up and put their best face on it.

And half the country wants to turn their health care over to these incompetent fools?

17 posted on 06/23/2021 5:32:26 PM PDT by colorado tanker
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

Hospitals===nuclear power plants...if any hackers manages to tap into such places it would be urgent to unlock it.


18 posted on 06/23/2021 5:51:24 PM PDT by Gay State Conservative (Trump: "They're After You. I'm Just In The Way")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Navy Patriot

If you’re a medical device or pharmaceutical manufacturer computers are required to back up each night to an off site server. Our company was hit with malware, fortunately early in the morning, our IT team wiped the servers and reinstalled the backed up data from the night before.

And we are only a mid-sized company.


19 posted on 06/23/2021 6:27:21 PM PDT by packagingguy
[ Post Reply | Private Reply | To 1 | View Replies]

To: packagingguy

That’s what colonial ended up doing after they were dumb enough to pay the ransom.


20 posted on 06/23/2021 6:37:09 PM PDT by NWFree (Somebody has to say it)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson