Colonial Pipeline paid ransomware hackers $5 million, U.S. official says
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Tanker trucks are parked near the entrance of Colonial Pipeline Company Wednesday, May 12, 2021, in Charlotte, N.C. Several gas stations in the Southeast reported running out of fuel, primarily because of what analysts say is unwarranted panic-buying among drivers, as the shutdown of a major pipeline by hackers entered its fifth day. (AP Photo/Chris Carlson) (Copyright 2021 The Associated Press. All rights reserved)
Colonial Pipeline paid the hackers who shut down some of its networks nearly $5 million in ransom, a U.S. official familiar with the matter said Thursday.
Students interest in Cybersecurity industry rising as hackers continue to pose a threat nationwide
As our technology grows so do our vulnerabilities. The hack on the Colonial Pipeline has made the need for enhanced cybersecurity a priority.
and last updated 2021-05-13 17:15:46-04
TAMPA, Fla. â As our technology grows so do our vulnerabilities. The hack on the Colonial Pipeline has made the need for enhanced cybersecurity a priority.
President Biden describes oil pipelines, water systems and electric grids as âlifelinesâ that need to be better protected.
âWeâre in a competition with China and the rest of the world to win the 21st-century economically,â he said. âWeâre not gonna win by competing with an infrastructure that is out of the 20th century.â
11 May 2021
The cyberattack on the largest pipeline in the United States resulted in the federal government issuing a state of emergency for 17 states and the District of Columbia.
The emergency declaration covers Alabama, Arkansas, D.C., Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia, Axios reported.
As Breitbart News reported, the criminal hacking group led to the shutdown of the largest pipeline in the United States:
The Colonial pipeline, which snakes 5,500 miles along the eastern U.S., transports 2.5 million barrels of gasoline a day, and provides 45 percent of the region’s fuel consumption, was shut down on Friday in response to the hacking.
Don t Blame The Nerds: Explaining The Colonial Pipeline Hack And What To Do Next forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.