One password allowed hackers to disrupt Colonial Pipeline, CEO tells senators

The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system by stealing a single password.
U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
Exclusive: U.S. to give ransomware hacks similar priority as terrorism

The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters.
Oil steady as demand optimism offsets worries of Iranian supply

Oil was steady on Wednesday, trading in a narrow range, supported by optimism about improving U.S. fuel demand and a weak dollar, but with the prospect of a return of Iranian oil to markets putting pressure on prices.
‘Flattered’ Russian spy chief denies SolarWinds attack – BBC

Russia’s spy chief on Tuesday denied responsibility for the SolarWinds (SWI.N) cyber attack but said he was “flattered” by the accusations from the United States and Britain that Russian foreign intelligence was behind such a sophisticated hack. The United States and Britain have blamed Russia’s Foreign Intelligence Service (SVR), successor to the foreign spying operations of the […]
When Biden meets Putin: old foes could cool off but not reset

The United States and Russia are lowering expectations for big breakthroughs at a superpower summit between U.S. President Joe Biden and Russian President Vladimir Putin, with the adversaries in no mood to make concessions on their bitter disagreements. The summit details – location, time and agenda – are still being negotiated by the two sides […]
Blinken heads to Ukraine in show of support after Russia troop standoff

U.S. Secretary of State Antony Blinken visited Kyiv on Thursday in a show of support after Russia massed troops near Ukraine’s eastern border in a standoff that sent alarm bells ringing in Western capitals. Blinken is due to meet President Volodymyr Zelenskiy, mixing solidarity with calls for Ukraine to stick to a path of reforms […]
Russia considers supplying 1 million vaccine shots to Armenia – RIA

Russia’s Foreign Minister Sergei Lavrov said on Thursday that Russia was considering supplying 1 million shots of the Sputnik V coronavirus vaccine to Armenia, the RIA new agency reported. Russia had already sent 15,000 doses of the vaccine to the former Soviet republic last month, Lavrov was quoted as saying at a meeting with his […]
Russia seeks extra fines against Twitter over ‘banned content’ -TASS

Russia is seeking an additional 24 million roubles ($321,586) in fines from U.S. tech giant Twitter (TWTR.N) for failing to remove content banned in Russia, the TASS news agency cited a court as saying on Wednesday. State communications regulator Roskomnadzor said last week that Twitter was complying with a demand to remove banned content, but taking too […]
G7 mulls a message to China: the West ain’t over just yet

The Group of Seven rich democracies will on Tuesday discuss ways of countering challenges from China and Russia without trying to contain Beijing or escalate tension with the Kremlin, two of its top diplomats said. Founded in 1975 as a forum for the West’s richest nations to discuss crises such as the OPEC oil embargo, […]