Ransomeware Attack Shuts Key East Coast Gas Pipeline

Colonial Pipeline has had a cyberattack involving ransomeware from an Eastern European-based criminal gang called DarkSide. Colonial Pipeline has temporarily shutdown 2.5 million barrels per day of pipelines. This is about 12-15% of US oil capacity. On May 7, the Colonial Pipeline Company learned it was the victim of a cybersecurity attack. We have since …

Read more