Major US Pipeline Halts Operations After Ransomware Attack
By Alan Suderman and Eric Tucker | May 10, 2021
WASHINGTON (AP) — The federal government is working with the Georgia-based company that shut down a major pipeline transporting fuel across the East Coast after a ransomware attack, the White House says.
The government is planning for various scenarios and working with state and local authorities on measures to mitigate any potential supply issues, officials said Saturday. The attack is unlikely to affect gasoline supply and prices unless it leads to a prolonged shutdown, experts said.
Colonial Pipeline did not say what was demanded or who made the demand. Ransomware attacks are typically carried out by criminal hackers who scramble data, paralyzing victim networks, and demand a large payment to decrypt it.