NEW YORK --
Top U.S. fuel pipeline operator Colonial Pipeline shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyberattack on Friday that involved ransomware.
The incident is one of the most disruptive digital ransom operations ever reported and has drawn attention to how vulnerable U.S. energy infrastructure is to hackers. A prolonged shutdown of the line would cause prices to spike at gasoline pumps ahead of peak summer driving season, a potential blow to U.S. consumers and the economy.
"This is as close as you can get to the jugular of infrastructure in the United States," said Amy Myers Jaffe, research professor and managing director of the Climate Policy Lab. "It's not a major pipeline. It's the pipeline."