Colonial Pipeline CEO grilled over ransomware attack

Colonial Pipeline President and CEO Joseph Blount was grilled by lawmakers Tuesday on his decision to pay hackers in a ransomware attack that forced a temporary shutdown of operations — and led to gas shortages in parts of the country.

During a sometimes tense Senate Homeland Security and Governmental Affairs Committee hearing, Blount indicated that the company did not consult with the FBI and other agencies before it paid the equivalent of $4.4 million in Bitcoin to regain control of its systems.