in Monero? Wonder how they converted USD.
"The company paid the hefty ransom in difficult-to-trace cryptocurrency within hours after the attack..."
I don't know why you got "untraceable" and I get "difficult to trace" when reading the article.
Bitcoin ain't exactly difficult to trace. I wonder if Colonial took the "discount" of 30% and paid in Monero or if they paid in Bitcoin.
Oh well it looks at least one company is going to give a bit more sh-t about its IT security ; )
And another thing: often these news are followed, a few weeks/months later by "How the hackers who got a $5m ransom from Colonial got caught".
Waiting for that one...
in Monero? Wonder how they converted USD.