Joseph Blount, CEO of Colonial Pipeline, will address the ransomware attack during a Senate hearing

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In his first notes to Congress since the abuse, he portrayed his company as a victim of forces beyond its control, noting that “extortion by criminals is not a position any company wants to be in.” He defended the decision to cut off access to the pipelines, as well as his controversial decision to pay the ransom — 75 bitcoin, or roughly $4.3 million — to a Russian criminal group known as DarkSide.

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