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How to hack a pipeline: Colonial attack puts energy cybersecurity in spotlight

How can you attack a pipeline? While Colonial has yet to confirm how its network was breached, at least one cybersecurity expert pointed to an industry-wide weakness in pipeline networks as a potential point of entry. John Cusimano, vice-president at aeCyberSolutions, a South Carolina-based company that specializes in industrial cybersecurity, noted that pipeline companies typically use a system known as a supervisory control and data acquisition (SCADA) network, in which a central computer system branches out to all other mechanical devices on the network. For pipelines, the central computer operates everything from terminals and computers to pumping stations, tank farms and remote valves that isolate sections along the pipeline, providing complete control of flow and pressure across the network.

Paper Excellence agrees to buy Domtar in US$2 8 billion deal

Paper Excellence agrees to buy Domtar in US$2.8 billion deal Marcy Nicholson and Doug Alexander, Bloomberg News Paper Excellence to buy Domtar in deal valued at US$3B VIDEO SIGN OUT Canadian pulp-and-paper producer Paper Excellence agreed to acquire Domtar Corp. in a US$2.8 billion all-cash deal to expand in the U.S. market. Paper Excellence will pay US$55.50 per Domtar share in the transaction, the Richmond, British Columbia-based company said Tuesday in a statement. That represents a 37 per cent premium to Domtar’s May 3 closing price, when Bloomberg reported on talks between the companies, and values the Fort Mill, South Carolina-based company at US$2.8 billion, based on about 50.2 million shares outstanding.

Done deals: 3,683 North Texas apartment units sold in 12 separate deals

Done deals: 3,683 North Texas apartment units sold in 12 separate deals
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

ScanSource: Fiscal Q3 Earnings Snapshot

ScanSource: Fiscal Q3 Earnings Snapshot May 10, 2021 FacebookTwitterEmail GREENVILLE, S.C. (AP) ScanSource Inc. (SCSC) on Monday reported fiscal third-quarter earnings of $13.1 million. On a per-share basis, the Greenville, South Carolina-based company said it had profit of 51 cents. Earnings, adjusted for amortization costs and to account for discontinued operations, came to 71 cents per share. The technology products distributor posted revenue of $729.9 million in the period. ScanSource shares have risen 19% since the beginning of the year. In the final minutes of trading on Monday, shares hit $31.29, a rise of 17% in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCSC at https://www.zacks.com/ap/SCSC

How to hack a pipeline: Colonial attack puts energy cybersecurity in spotlight

How can you attack a pipeline? While Colonial has yet to confirm how its network was breached, at least one cybersecurity expert pointed to an industry-wide weakness in pipeline networks as a potential point of entry. John Cusimano, vice-president at aeCyberSolutions, a South Carolina-based company that specializes in industrial cybersecurity, noted that pipeline companies typically use a system known as a supervisory control and data acquisition (SCADA) network, in which a central computer system branches out to all other mechanical devices on the network. For pipelines, the central computer operates everything from terminals and computers to pumping stations, tank farms and remote valves that isolate sections along the pipeline, providing complete control of flow and pressure across the network.

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