Pipeline Hack Exposes Brutal Vise of Cyber-Era Extortion Schemes

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Pipeline Hack Exposes Brutal Vise of Cyber-Era Extortion Schemes

The attack that hit Colonial Pipeline last week is a novel form of cybercrime that puts normally staid corporate entities in the vise of an old-school extortion scheme, one in which a company’s balance sheet, insurance status and capacity to absorb the pain o…
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