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  • Writer's pictureD. Brit

Major East Coast Pipeline Currently Shut Down Because of Ransomware Attack

What Happened:

  • On Saturday, Colonial Pipeline, the operator of a major pipeline on the east coast, announced that they have temporarily ceased all pipeline operations to deal with a ransomware attack.

  • The company provides roughly 45% of fuel consumed on the east coast and this latest attack demonstrates the risks of cyberattacks on critical US infrastructure.

  • Although the pipeline is currently shut down, experts say the attack is unlikely to affect gasoline prices unless it leads to a prolonged shutdown.

  • The federal government and the Biden administration are working with the company to restore operations.

Photo Source: pixabay

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