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The Colonial Pipeline CEO testified that the company may use the recovered funds paid out to cyber criminals as part of last month’s ransomware attack to increase cybersecurity. ADVERTISEMENTABOUT THAT BAN: President Biden has replaced former President Trump’s executive orders that sought to ban downloads of the Chinese-owned apps TikTok and WeChat in the U.S., the White House said on Wednesday. Biden reversed orders put in place by Trump that targeted TikTok, WeChat and eight other communications and financial software applications. COLONIAL FACES THE MUSIC, PART TWO: Colonial Pipeline may use the recovered funds paid out to cyber criminals as part of a ransomware attack last month to increase cybersecurity, company president and CEO Joseph Blount said Wednesday. “I hope Colonial will use the recouped money to make necessary improvements to its cybersecurity.”Read more about Blount’s comments here.