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After pipeline cyberextortion attempt, gas prices ticks higher

May 10, 2021 47 FILE - In this Sept. 8, 2008 file photo traffic on I-95 passes oil storage tanks owned by the Colonial Pipeline Company in Linden, N.J. A major pipeline that transports fuels along the East Coast says it had to stop operations because it was the victim of a cyberattack. Colonial Pipeline said in a statement late Friday that it “took certain systems offline to contain the threat, which has temporarily halted all pipeline operations, and affected some of our IT systems.” (AP Photo/Mark Lennihan, File) UPDATE: The operator of a major U.S. pipeline hit by a cyberattack said Monday it hopes to have service mostly restored by the end of the week.

Gas prices up following Colonial Pipeline shutdown; AAA hopes other pipelines, imports can pick up slack

Gas prices up following Colonial Pipeline shutdown; AAA hopes other pipelines, imports can pick up slack Updated May 10, 2021; Posted May 10, 2021 01/16/2020-Springfield-Pride Stores CEO Robert Bolduc stands in the new Pride Store under construction at 700 State St. in Springfield. (Dave Roback/Special to The Republican) Facebook Share SPRINGFIELD Pride Stores raised gasoline prices 10 cents a gallon Monday in response to the Colonial Gas pipeline shutdown following cyberattacks. “There is no effect on supply yet,” said CEO Robert Bolduc. “This is when all the traders and the oil companies cover their bets.” That means the price Bolduc paid for fuel jumped Monday and he was forced to pass it on.

FBI Names Pipeline Cyberattackers as Company Promises Return

May 10, 2021 09:04 pm By Associated Press By Eric Tucker, Cathy Bussewitz and Alan Suderman Hit by a cyberattack, the operator of a major U.S. fuel pipeline said Monday it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits as a gang of criminal hackers. Colonial Pipeline, which delivers about 45% of the fuel consumed on the East Coast, halted operations last week after revealing a ransomware attack that it said had affected some of its systems. On Monday, U.S. officials sought to soothe concerns about price spikes or damage to the economy by stressing that the fuel supply had so far not been disrupted, and the company said it was working toward “substantially restoring operational service by the weekend.

FBI links cyberattack on a major US fuel pipeline to Russian criminal gang: Security can t be an afterthought

FBI links cyberattack on a major US fuel pipeline to Russian criminal gang: Security can t be an afterthought
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