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Business Curio

May 15, 2021

The complex moral issue of paying hackers ransom

5 CQ

Several news organizations are reporting that Colonial Pipeline did pay hackers ransom to regain control of their data and their systems, reportedly something in the $5 million range. And, people are buying cars at a near-record pace, if you can find them. The low supply and high prices are related to the global semiconductor chip shortage. There’s still no definitive timeline for when that shortage could end.

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Aired May 14, 2021

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