Why you should care about the Colonial Pipeline ransomware hack
The ransomware attack on a major U.S. fuel supplier shows the vulnerability of the nation s aging infrastructure to cyberattacks. Author: FRANK BAJAK AND CATHY BUSSEWITZ Associated Press Published: 10:54 PM EDT May 10, 2021 Updated: 11:20 PM EDT May 10, 2021
WHAT HAPPENED TO THE COLONIAL PIPELINE?
Colonial Pipeline, the owner, halted all pipeline operations over the weekend, forcing what the company called a precautionary shutdown. U.S. officials said Monday that the “ransomware” malware used in the attack didn’t spread to the critical systems that control the pipeline’s operation. But the mere fact that it could have done so alarmed outside security experts.
Why you should care about the Colonial Pipeline ransomware hack
The ransomware attack on a major U.S. fuel supplier shows the vulnerability of the nation s aging infrastructure to cyberattacks. Author: FRANK BAJAK AND CATHY BUSSEWITZ Associated Press Published: 10:54 PM EDT May 10, 2021 Updated: 11:20 PM EDT May 10, 2021
WHAT HAPPENED TO THE COLONIAL PIPELINE?
Colonial Pipeline, the owner, halted all pipeline operations over the weekend, forcing what the company called a precautionary shutdown. U.S. officials said Monday that the “ransomware” malware used in the attack didn’t spread to the critical systems that control the pipeline’s operation. But the mere fact that it could have done so alarmed outside security experts.
Colonial Pipeline, the operator of the country s largest fuel pipeline, halted all operations over the weekend, forcing what the company called a precautionary shutdown. U.S. officials said Monday that the “ransomware” malware used in the attack didn’t spread to the critical systems that control the pipeline’s operation. But the mere fact that it could have done so alarmed outside security experts.
WILL THERE BE GASOLINE SHORTAGES?
It depends on how long the shutdown lasts. Colonial said it s likely to restore service on the majority of its pipeline by Friday.
There’s no imminent shortfall, and thus no need to panic buy gasoline, said Richard Joswick, head of global oil analytics at S&P Global Platts. If the pipeline is restored by Friday, there won’t be much of an issue. “If it does drag on for two weeks, it’s a problem,” Joswick added. “You’d wind up with price spikes and probably some service stations getting low on supply. And panic buying just makes it
How the Colonial Pipeline hack could affect gas supplies, prices: Explainer
Updated May 11, 2021;
Posted May 11, 2021
Fuel holding tanks are seen at Colonial Pipeline s Linden Junction Tank Farm on Monday, May 10, 2021 in Woodbridge, New Jersey. (Michael M. Santiago/Getty Images/TNS)TNS
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By FRANK BAJAK AND CATHY BUSSEWITZ, The Associated Press
NEW YORK (AP) A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. The Colonial Pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, shut down Friday after a ransomware attack by gang of criminal hackers that calls itself DarkSide. Depending on how long the shutdown lasts, the incident could impact millions of consumers.
Why the Colonial Pipeline hack matters, and how it could impact you at the pump
Associated Press
Updated on:May 11, 2021, 7:26am EDT
A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. The Colonial Pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, shut down Friday after a ransomware attack by gang of criminal hackers that calls itself DarkSide. Depending on how long the shutdown lasts, the incident could impact millions of consumers.
WHAT HAPPENED TO THE COLONIAL PIPELINE?
Colonial Pipeline, the owner, halted all pipeline operations over the weekend, forcing what the company called a precautionary shutdown. U.S. officials said Monday that the “ransomware” malware used in the attack didn’t spread to the critical systems that control the pipeline’s operation. But the mere fact that it could have done so alarmed outside