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The Fiji Times » U S government working to aid top fuel pipeline operator after cyberattack

Reuters Reuters 10 May, 2021, 5:00 pm Holding tanks are seen at Colonial Pipeline s Charlotte Tank Farm in Charlotte, North Carolina, U.S. an undated photograph. Colonial Pipeline/Handout via REUTERS. (Reuters) -The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware attack that forced the company to shut a critical fuel network supplying populous eastern states. The attack is one of the most disruptive digital ransom schemes reported and has prompted calls from American lawmakers to strengthen protections for critical U.S. energy infrastructure from hacking attacks. Commerce Secretary Gina Raimondo said the pipeline fix was a top priority for the Biden administration and Washington was working to avoid more severe fuel supply disruptions by helping Colonial restart as quickly as possible its more than 5,500-mile (8,850 km) pipeline network from Texas to New Jersey.

FireEye Jumps as It Steps In to Help With Pipeline Cyberattack

FireEye Jumps as It Steps In to Help With Pipeline Cyberattack TheStreet 5 days ago © TheStreet FireEye Jumps as It Steps In to Help With Pipeline Cyberattack FireEye shares jumped on Monday after the cybersecurity firm said its Mandiant incident response division was assisting with the investigation into a ransomware attack that has shut down operations of the biggest gasoline pipeline in the U.S. Shares of Milpitas, Calif.-based FireEye were up 3.88% at $20.06 after the company was named as one of several cybersecurity providers assisting in the ransomware attack against Colonial Pipeline, which is suspected to have been carried out by a professional cybercriminal group called DarkSide.

Cyber attack on a US oil pipeline blamed on a cybercriminal gang could spark a fuel shortage

The US government invoked emergency powers on Sunday after a top oil pipeline was hit by one of the worst ever cyberattacks. Fuel pipeline operator Colonial Pipeline was knocked offline by a cybercriminal gang on Friday and forced to shut a critical fuel network supplying the east coast. The company is working to restore its service. The emergency declaration means rules are relaxed for drivers transporting fuel and petrol in 18 states. Drivers can work extra or more flexible hours to make up for any fuel shortages. The populous states affected include Alabama, Florida, New York, Texas, and Virginia. All-hands-on-deck The attack is one of the most disruptive digital ransom schemes reported and has prompted calls from American lawmakers to strengthen protections for critical US energy infrastructure from hacking attacks.

Market movers: Stocks seeing action on Monday - and why

Market movers: Stocks seeing action on Monday - and why
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Colonial Pipeline hack: Knowns and unknowns about the attack

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