© Courtesy Colonial Pipeline
The Department of Homeland Security (DHS) will issue a directive later this week requiring all pipeline companies to report cyber incidents to federal authorities after a devastating ransomware attack on Colonial Pipeline forced a shutdown of operations.
The Washington Post first reported that DHS’s Transportation Security Administration (TSA), which is responsible for securing critical pipelines, will issue the directive this week following concerns that pipeline operators are not required to report cyber incidents, unlike other critical infrastructure sectors.
A spokesperson for DHS told The Hill in an emailed statement Tuesday that “the Biden administration is taking further action to better secure our nation’s critical infrastructure,” with TSA and the federal Cybersecurity and Infrastructure Security Agency (CISA) working together on the issue.
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Colonial Pipeline CEO to Testify at Congressional Hearing
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Owners of Colonial Pipeline Hit With Class Action Regarding Allegedly Deficient Cybersecurity Following Hack, Showing All Data Breaches Carry Litigation Risk Thursday, May 20, 2021
This week, owners of the Colonial Pipeline were hit with a putative class action that was filed in federal court in Georgia.
Dickerson v. CDCP Colonial Partners, L.P., Case No. 1:21-cv-02098 (N.D. Ga.). Recall that the Colonial Pipeline supplies the east coast of the United States with gasoline. The pipeline is a critical part of U.S. petroleum infrastructure, transporting around 2.5 million barrels per day of gasoline, diesel fuel, heating oil and jet fuel. It stretches 5,500 miles and carries
Colonial Pipeline CEO Confirms $4.4 Million Ransom Payment
May 20, 2021
Compliance
DougOlenick) • May 19, 2021
Colonial Pipeline CEO Joseph Blount (Photo: Colonial Pipeline Co.)
Colonial Pipeline Co. s CEO, Joseph Blount, said Wednesday that he authorized the payment of a $4.4 million ransom just hours after the company was hit by a DarkSide ransomware attack, according to The Wall Street Journal.
While Blount said the decision was difficult to make, he told the newspaper, It was the right thing to do for the country.
Following the attack, Colonial Pipeline temporarily shut down its pipeline operation, crippling the distribution of gasoline and other fuel supplies along the East Coast through the company s 5,500 miles of pipeline and leaving gas stations in several states dry as panicky motorists filled up their cars (see: