By Scott Shackelford, Megan Wade
May 27, 2021
It took little over two hours for hackers to gain control of more than 100 gigabytes of information from Colonial Pipeline on May 7, 2021 -- causing the firm to shut down its fuel distribution network and sparking widespread fears of a gasoline shortage. The decision to pay off the attackers was also made with apparent speed, but the ethical arguments involved are age old and the implications could reverberate well into the future.
Cyberattacks, including those on critical infrastructure in the U.S., are nothing new. Ransomware, a type of malicious software that locks access to a computer until a ransom is paid, has been a component of the cyberthreat landscape since the mid-2000s. But the Colonial Pipeline breach raised the stakes and highlighted the ability of ransomware to interrupt the vital services on which Americans rely.