Earlier this week, Colonial Pipeline CEO Joseph Blount testified before the House Homeland Security Committee that his company had filed a claim with its cyberinsurance carrier for the $4.4 million cryptocurrency ransom it paid last month. This week, US authorities announced that they had managed to recover $2.3 million of that ransom, raising further questions about who would receive that money—Colonial Pipeline or its insurance carriers—and what signal it would send to ransomware victims and their insurers.

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