OLD Media News

Ransomware attrack shuts down biggest fuel pipeline in U.S.

A ransomware attack has caused the shutdown of Colonial Pipeline Co.’s entire network as the company works with cybersecurity experts to restore normal operation.

Reuters’ Devika Krisha Kumar and Laila Kearney reported:

The southeastern United States will be the first to see price rises at the pumps due to the supply disruption caused by the shutdown of the country’s top fuel pipeline network – and demand has already picked up as drivers fill their tanks, industry experts said on Sunday.

The BBC noted:

The US government issued emergency legislation on Sunday after the largest fuel pipeline in the US was hit by a ransomware cyber-attack.

The Colonial Pipeline carries 2.5 million barrels a day – 45% of the East Coast’s supply of diesel, gasoline and jet fuel.

It was completely knocked offline by a cyber-criminal gang on Friday and is still working to restore service.

The Associated Press’ Alan Suderman and Eric Tucker wrote:

The attack is unlikely to affect gasoline supply and prices unless it leads to a prolonged shutdown of the pipeline, 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.

Irina Slav

Recent Posts

SABEW seeks health care symposium applicants

The Society for Advancing Business Editing and Writing is seeking applicants for its 2024 Health Care…

21 mins ago

Tech Brew seeks a reporter

Tech Brew is a newsletter-based publication that keeps over 400,000 professionals informed about the intersection…

40 mins ago

Matt departs WSJ for a new opportunity

Frank Matt, a senior video journalist on The Wall Street Journal's specials team, where he…

1 hour ago

Nazzaro moves to tech beat at The Hill

Miranda Nazzaro is covering technology for The Hill. She has been a breaking news reporter for…

2 hours ago

Axios seeks a business audience specialist

Axios is hiring a newsroom audience specialist to grow and engage readership for our business…

3 hours ago

Politico hires Fernyhough as Europe sustainability editor

Politico has hired James Ferneyhough as sustainability editor in Europe. Ferneyhough has been a freelancer for the…

3 hours ago