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CEO of pipeline company crippled by cyberattack warns of potential fuel shortages: report © Seth Wenig Colonial Pipeline storage tanks are seen in Woodbridge, N.J., Monday, May 10. The CEO of the company whose pipeline was crippled by a cyberattack warned Monday of potential supply shortages in the Southeastern U.S., even as it works to reopen the line and remove the ransomware. While Colonial Pipeline Co. is working out a complex plan to restart operations, CEO Joseph Blount said in a private meeting Monday, they needed to remove the ransomware before resuming shipments, reported Bloomberg News. He spoke in a virtual meeting that included Deputy U.S. Energy Secretary David Turk, Bloomberg said, citing someone familiar with the 18-minute discussion. The company did not immediately comment but issued a statement a short time later.

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