videos uploaded every hour. thing waiting for. the. live from the world headquarters of r t america in our nation's capital this is the news with rick sanchez hi everybody i'm rick sanchez here to welcome our viewers from all over the world including those of you who are watching us using your phones on the portable t.v. app all right so we're going to get in with 2 important questions did colonial pay the ransom to the hackers who were holding their company hostage and here's number 2 just how often does this happen 1st the news after a day 6 of this shutdown gas is flowing through the pipeline once again however widespread outages persist all the way from the top of maryland and

virginia to the tip of florida and we're now being told it's going to take at least a couple of days to refill the nation's gasoline supplies because of the panic buying which coupled with the truck driver shortage has made matters much worse as of this warning a vast 71 percent of all the gas stations in north carolina 55 percent of all of the gas stations in virginia 49 percent of all of those in georgia are without gas now back to the question of what happened last night the 1st sign we got that something was up came from the president of the united states himself. we have very very close contact with colonial pipeline which is 21 here you're talking about over the one of the reasons against the french as you can you know. and i think you're going to hear some good news 24 hours and i think we'll be getting

that under control he set it right i think you're going to be hearing something good in just a little bit here and we're going to have it all under control well not long after that colonial announced that the pipeline was open but nothing else they didn't mention whether they had paid the ransom or not paid the ransom you know in america partly because of hollywood and partly because of our inflated sense of exceptionalism we tend to always think that this is what happens when somebody takes us hostage or anyone ever asks us for a ransom. or just. bad guys always lose right right it appears in this case that's not the case now true lacking any other explanation at this point but according to a published report by bloomberg there's every reason to believe that colonial did

pay the ransom how much they do it i did they do it under the auspices of the u.s. government maybe even with a wink at a nod from the president of the united states himself. this is what we're going to be drilling down on right here on the news with rick sanchez where we believe. it's time to do news again. all right here's a list of the questions we think you'll be asking to borrow did colonial pay a ransom and did the biden ministration approve inflation through the roof. but will it stay that way and for how long and was 'd the king of clay able to live up to his name right now the questions you and i have about this bizarre scenario which has shown us if nothing else just how vulnerable we are to

cyber attack right in seemingly 3rd of the us was all but shut down its gas and its energy supplies anyway by the hack joining us now to talk about this is our us correspondent erin. and i guess we start with the question of did colonial pay a ransom. did they did they so there is no statement from them but as you mentioned bloomberg is saying that they paid 5000000 however we also do know as many companies would know who have also been victims of this when you have a big oil company rick $5000000000.00 is kind of small to ask for when it's a major big oil company but we do know for certain that they do have roughly $15000000.00 in cybersecurity insurance alone you know that's 'd interesting and as we go through this it appears that. and i guess i don't even know how to ask this

question but it looks to me like the biden administration because of what i saw the president say last night either knew or was in touch with the company or even kind of okayed the paying of this ransom right and you know one of the things that biden said in a press conference less than an hour ago he kept reiterating that he and the government could not dictate what this private company could do unlike his republican counterpart saying do something but again just over an hour ago the president had this to say when you watch it i want you to just see what he says how he says it and what he does after rectangle look. thank you also very much. more on the right . they're going to. come with. thank you. you know pretty interesting how.

he's saying nobody seems to mean yes it's like he's saying the quiet part a lot of little but there. was involvement in this so with that biden did address that again in this press conference take a look i'll just let him say what he said i'm not one not believe the russian government was involved in this attack but we do have strong reason to believe that the criminals who did the attack are literally russia that's where it came from were from russia. we have been. communication is moscow the imperative for responsible countries is a decisive action against these ransomware networks it's interesting so he said this is the 3rd time he has said russia was not involved in the attack right although people who were involved in the attack may live in russia and he went on to say this i mean this is new that moscow and washington are cooperating in the investigation right which you know after last week and the weeks prior is

a good thing i guess of course at c.n.n. and of us that missy will probably report it differently but that's exactly. the part of the story that really fascinates me if these guys are paid how often does this happen so it happens quite often record you're seeing as we saw with colonial pipeline how they had an insurance policy for cyber security alone and a lot of other companies are starting to this including like municipalities and cities across the country a report actually last month showed that $350000000.00 was paid out and cryptocurrency for these ransomware companies not you have it by executive order coming in one of the things that's interesting about this rick is it is this executive order opens communication between i.t. service providers and the government which was not seen before most of the time these companies didn't want to disclose this to the to the government so while it does it does happen a lot we've seen it for example in the kiev ukraine where they had a power outage and now with iran somewhere we don't know the full scope of how many

die hard isn't true for sure and it is a christmas movie too. joining us now are 2 experts on this subject we have but he's a professor of computer and data science at the university of new haven and we also have our own from todd shipley the sober security risk analyst and the president of the dark intel are guys look this is right up your alley it looks to. me and to anybody who as my mother would say can see 2 fingers in front of their face like colonial paid this ransom do you agree. will definitely there's no doubt i think that the issue becomes that if they hadn't paid it they would have been able to respond as effectively and as fast as they did so they paid. but let me go to you on this i do love to know 'd whether you think that it was done as a joint communiqué or operation with the government of the united states in other

words they were working together to say ok let's go ahead we're going to have to pay this thing. must have been come to us as was mentioned earlier the federal government does not have the tools or the power to directly dictate how the company should react in a certain sense of course guidelines are recommendations coming from. f.b.i. and d.h. as in new scenarios it is best not to pay the ransom to avoid encouraging the sorts of operations those are just at their own level of their becoming. i'd played a clip from that movie because i think in our consciousness as americans we really believe that there's no way anybody would ever pay one of these things and that the great great majority of the times the cia busts in captain america and they catch the bad guys and of story. that's probably not the way it really happens.

no not at all in fact you know when we know that there was at least $2400.00 companies and small municipalities that were attacked last year with ransomware that it's occurring and in fact there's a whole new cottage industry that's come up about how to negotiate with these hackers and there's i t. companies that have figured out how to reduce the risk and reduce the amount they have to pay and are advising these companies on how to better negotiate with these . terrorists and what they are and get the amount of the got to pay lower but how do i get in in the 1st place at how did they get into the colonial computer framework so that they could actually take it over how did they do that i mean not specifically but can you give us a sense. sure as well as you mentioned we don't have a specific specific details of the colonial case what we do know is how it happens

in general there are different approaches the easiest is. through social engineering and so. many people eating the end user to on the ransomware bring the ransomware inside the network and run that unknowingly and there are more sophisticated approaches finding vulnerabilities. side and surprise network servers computers and then exploiting it to getting access and running. a piece of malware and then decide to go chasing him around somewhere it is taught is it a symbol of just sending an e-mail to one of the executives in the company and having him home and i guess accept it and once it gets into his computer it goes into the entire system. well i mean it can be that simple it often isn't but i mean if we look like last year remember when tesla was attacked they had. to get one of

the employees to insert some malware into the system they're going to pay that person a $1000000.00 to do it and the f.b.i. got wind of it and were able to stop that attack so there's a variety of ways like the professor says that it can be done but it's not always so simple and in this case remember there are now blackmailing these people the difference with this group is there an attack you know with the ransomware locking it up but they're stealing their data beforehand and then blackmailing them about the release of the data so this is a very different tactic than we've seen in the immediate past bloomberg by it is reporting that the company paid i believe $5000000.00 i have a tendency to believe it's a ha lot higher than that what's your take. well we don't we don't know. who we don't know what to do is what's been reported and it's payment has been made and apparently was around so i $1000000.00 and you

earlier mentioned that's good guys always win and in the real world that's economics that's always wins so any bell you're hired and a $1000000.00 or $10000000.00 might soon not have been feasible for either side or you value less and as my nothing and you go by the ransom or operations darkseid there is of course money laundering getting the money out of the exchanges critic arms exchanges and such the x. factor and what the correct price should be taught last question on the 30 seconds is this the way of the future are we going to see a lot more of this or do you think we're going to have a get this under control. we're seeing a lot more right now if you look at the dark side web site they've already attacked 3 other companies and posted on their website so they're going to continue and this is going to be an ongoing problem that we've got to fight while. well if they want to a hell of

a wake up call i mean this one has been out. there for all the world to see and they're taking notes i hope it's not the wrong guys taking the notes though my thanks to both of you we certainly appreciate it by hating on good stuff. way before anybody else was telling you about this even before covert started we were doing stories right here on this newscast about inflation in fact we did one where we said stagflation will eventually hit the united states within the next 2 years well guess what. not for nothing but i think the media's caught up with us it's a headline everywhere today inflation is here we're going to talk about it in just a little bit with my colleague bret job or stay right there don't go away. those in command of toxic systems designed to keep us confused distracted and are

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georgia just a little while ago what's going on gas right there up because of everything going on with colonial we've been telling used cars are through the roof lumber anything that you use to build new construction or remodel your home through the roof metal is cheaper than lumber these days i mean we've been talking about the possibility of inflation coming as a result 'd of all 'd 'd the fiscal policies and that that went through both the trumpet ministration and now biden ministration but folks if you were wondering whether it would arrive it is here it has in fact look look at this i want to show you something it's catching up now this is what wall street journal inflation surge rattles markets these are the headlines everywhere. not for nothing i don't want to break my arm patting ourselves on the back but we've been telling you this for about 2 years now roger boyes been telling you as well he's been following. the trend it's here what is it describe it for us i mean look inflation as we talk

about just to give a simple point of economic you know update here i mean inflation is as demand goes up prices are going to follow not stagflation as you mentioned before that's when unfortunately the economy's on a kind of a downturn but we're still seeing those prices go up but the things you have to look at is it's as bad as it was inflation this number so for april of 2021 against april of 2020 that number is the highest since it was in september of 2008 i don't know if you remember there was kind of a big deal happening around september of 2008 the great recession as it were i don't want to raise to be alarmist but the fact is it's the worst we've seen in more than a decade at this point so the irony is the market is flush with money because the government is throwing helicopter money all over the place and everybody has more money people are then spending the money they're buying a lot of products so they're creating the demand which makes the cost of the prices

or the cost of those goods go up and absolutely demand higher price perhaps what's happening perfect explanation i can just walk off the set you just set it up right perfectly there but rick to your point i mean like you mentioned home prices construction good you just mentioned the fact price that the price of metal is actually cheaper than lumber well unfortunately there's some new production numbers coming out today of the inflation of how much it cost to actually produce it not what the consumer pays but what you what like at a hardware might pay for that and even steel prices they're going through the roof just to produce it right so i mean look everything is more expensive and look at it seems crazy but if you look at the way the economy worked over the pandemic over the last 16 months or so let's continue the the mime i'm going to stop you because i want to continue this little this little sort ario that you and i are drawing up so the prices are going up because there's a lot of money in the market your people. buying a bunch of stuff so now the only thing we can possibly do and this is the fed's

decision right the federal reserve has to then come in and say well everybody's also borrowing money really cheap because it's a 0 right right so why don't we do this why don't we increase interest rates so people won't be able to borrow money cheap and that might at least push down the these superfluous demand that's out there and that could fix it and they could make it basically so there wasn't as much capital out there to spend on items spend on things because you've got to look at what is that going to happen well that's that's a question now the federal reserve chair jerome paul has said that he has no plans to actually raise interest rates right now in till at least the end of this year unless inflation stays over 2 percent which this month it was at about 4.2 percent i think that's an important caviar so it could happen again but now initially he said until it's over 2 percent then he said well a median average of 2 percent so that's going to be over the months ago when he read the wall street journal he does but they've continually said that it's a transit which means over and march and april it's going to be

a you know short term inflation increases and things will level out in the coming months so really this is kind of crazy because you look at how important this number was really that number in may it's going to be very important when we see consumer prices go up or down or where they may go and coming up in june as well can i make a prediction yes absolutely than 2 months will see their own tapering or an adjustment to the interest well and here's something to just be aware of and you'll come back and we'll play absolutely we will and i want to point out i just saying that's what he says i don't know i know he has a brain and i'm not hold up but i will say this rick is they have also mentioned they will maybe back off some of their easy monetary policy which is also been that bond buying that they've been doing so much and so they may actually go that route 1st so if inflation continues to tick up in these next couple of months you may see them pull back that $120000000000.00 a month in bond buying they may pull that back gradually 1st. we start seeing interest rates come up a near 0 good stuff always fun conversation is appreciate being on with the risk

day on because we're going to do sports and we're going to have the same kind of discussion let's take this but here we go to steve because stock goes bringing us the word of sports you know what you guys are just talking about i have no clue but i am sure that. sports as you will when you go to buy a new car but to i'd like to lease i like to. have you guys advise me when i'm ready to buy now for sports we get a lot of tennis and soccer going on in a round of 16 action at the a.t.p. masters 1000 rome tournament over there 5 time champion of the tournament let's get right into it and i see novak djokovic taking the heat of a choking on here down just a game was 3 to 2 in the 1st spaniard hanging it was just a bitch given the serve everything he has right there with the cross court for the point even joker was impressed but he would go on to take the 1st set 6 to 2nd set djokovic up to 0 able to neutralize his opponent serve with deep returns they're breaking 5 times in the match takes game 3 with that backhand dropshot and he would waste no time wrapping this up serving for match point was novak benefiting from 30

unforced errors from his opponent this one the ever so gentle drop shot putting the back spin on it he had dances in straight sets right there pretty impressive from the top seed world number one now who else was a clay court tournament right so we have one way the clay court is so good for your knees. or you'll get old one day your letters i've only put on hardcourt you know past expects a better game it's a slower 'd game it's a little easier to watch anyway that's my recommendation move on and that might be why the king of clay rafael nadal did pretty well but although he did survive a scare let's get into world number 3 here and the number 2 seed taking on tennis shop of all of it was a thriller all the way that to the last point 1st rough and trouble shapovalov getting the better of the baseline rally there takes the 1st set 63 but here comes world number 3 in a dull 70 percent point the 2nd shop of oliver turned goes long so we head to the decider and the 3rd here it was just back and forth the entire time a super tight finished. absolute battle lasting 3 and a half hours on the clay there but in the end the king of the clay would come

through after saving 2 match points late in the 3rd rafa survives to win in a tie break 366476 seeking a record extending 10th row masters title shot of olive with a valiant effort but the backhand return into the net will end things rafa gets alexander's vera in the quarter finals on friday now shop of olive as a youngster he's only 22 years old and he has some interesting perspective after the match despite the loss take a listen. i don't know in tennis we're lucky because it's like and the u.f.c. you have like one chance to fight you know the talk but in tennis you have a lot of chances so of course in the end this is kind of you know sense it's great to. these opportunities and you go you play with nothing to lose because i mean you know who's going to you know give me crap for losing to. i'm not quite sure what he was trying to say basically you know ruff was 34 years old he's one of the greats one of the best players ever on clay nobody expected shop of all of to win and he

took into it the 3 set tie break thriller that is a win for the kid because he's up and coming he's really good and really he's saying to his i might get another chance i'm a low seed he's always going to be a high seat and in boxing or or you have see as he mentioned you know you only get one or 2 title shots in your career and the old man will be gone in a little bit also you know what basically you're. 34 years old and trying to but you're actually really 34 but you know he was also like he said about you have seen basically you can only fight once every let's say 3 to 6 months there he has another tournament coming up next week that he'll be able to maybe potentially get another match up with roughly rafael the dollar and another chance to take them out so they go through it all right so how about this you might like this next one you to actually because i know you're miami fan but we're getting to m.l.s. so interim i am e taken on my treo a down of 40 pick it up 14 minutes montreal in the gray and white unis miami in those black and your johnson pushing off center there and joining the hell of it to his guy to open up the scoring he silences the crowd there those johnson great pass

by and johnson gets the angle tucking it away just underneath the goalkeeper for his 1st goal of the season he was not finished yet just about an 11 minutes later canadiens attack and again romell heel toe coming up the left flank look at this move on the defender ridiculous crosses back to get to its viewers johnson through the brace look at it again cycling the ball their crazy footwork slips it in the box for johnson with a fantastic finish to the far post to know would be your fight on that one montreal wins it sorry about that loss rick there for your interim i mean they sit atop much else it's a tough eastern conference with 8 points all right more soccer is that what you guys asked for yeah i think you guys want some more soccer so this in mind is a manic we like that i know you do this is my goal of the night not many right here seattle sounders minute keeper g.t. marcin koski for san jose and mission he stops at the ball to. to get clear but look at this right to the boot of 6 seattle's christian littlejohn's you're going to see it a few more times it was quite a beauty of a strike here

a missile from outside the area the goalkeeper there just does not know what happened so the clay all the time to clear he knocks it to himself and then gets a left boot to the top right corner that i mean just a missile that takes so much power that agility strength to be able to do that from that distance with an argentinian from would say that's football right yeah but here in america it's m.l.s. major league soccer and by the way seattle won 10 that was the only goal of the game and the heat play philadelphia tonight yesterday of miami teams yes and they're a lock for the playoffs thank you for your brilliance in sports and thank you for your brilliance and in business and for those happy glad that's our news thanks so much for being with us i'm rick sanchez we'll be looking for you again when it's time to do news again.

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