HomeNewsBusinessColonial Pipeline CEO: Paying $4.4M Ransom 'One of Toughest Decisions'

Colonial Pipeline CEO: Paying $4.4M Ransom ‘One of Toughest Decisions’



By Ariana Figueroa | June 8, 2021 | Georgia Recorder

WASHINGTON — The CEO of Colonial Pipeline, which underwent a ransomware attack in early May that led to massive shutdowns of gas stations across the Southeast, said during a U.S. Senate hearing on Tuesday that it was his decision to pay a rans...

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  1. “It was one of the toughest decisions I have had to make in my life,” Joseph A. Blount Jr. said in his opening statement.” No, that would be the second toughest decision. The first one would be resigning as CEO since the security breach occurred on your watch. Blount and the head of Colonial’s cyber-security department should resign or be fired by the Board of Directors.

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