Items tagged with colonial pipeline

Earlier this year, the Colonial Pipeline ransomware incident crippled fuel delivery to the Eastern Seaboard, sending people into a panic and decreasing the supply of gas, if only briefly. Amazingly, this is only the first time something of this scale has happened, but hopefully, it will be the last. The Department of Homeland Security is now requiring owners and operators of critical pipelines to instate "urgently needed protections against cyber intrusions." Cyber defense is a crucial part of the world we live in, as "The lives and livelihoods of the American people depend on our collective ability to protect our Nation's critical infrastructure from evolving threats," explains Secretary of... Read more...
Colonial Pipeline was content to fly under the radar as the top fuel pipeline in the United States, but then it was hit by a ransomware attack that severely disrupted operations, and its name was plastered across headlines. Looking to take advantage of the situation and newfound name recognition, hackers are hoping to dupe victims with phishing emails masquerading as required system updates. This is part of the fallout from the attack on a piece of critical infrastructure, and the unwanted notoriety that comes with it. Colonial Pipeline operates over 5,500 miles of pipe delivering 100 million gallons of fuel across 14 different states and seven airports. The attack led to a temporary shortages... Read more...
We first learned of the cyberattack on Colonial Pipeline's computer systems last week. The company's extensive pipeline network is responsible for supplying the bulk of the United States East Coast with gasoline, diesel, and jet fuel. The company announced that it was a victim of a ransomware attack and had to shut down critical systems. As a result, Americans on the East Coast began panic buying gasoline, which led to shortages and increased prices (cresting $3.00 per gallon in many locations). Colonial Pipeline didn't initially specify whether it paid the ransom after its systems were attacked. However, a new report alleges that the company paid a hefty ransom to the tune of $5 million. That... Read more...