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The cyberattack on Colonial Pipeline illustrates how difficult it will be for electric utilities to protect their grids from disruption
, experts say
, even when attacks are primarily targeting information technology (IT) systems.
The Colonial ransomware attack never migrated into the pipeline s operational technology (OT) environment, and the company says the shutdown was a proactive safety measure. That s good protocol, security experts say, though it simultaneously exposes a vulnerability: If you have an attack on the IT network, the OT network is going to go down, according to electric utility sector security consultant Tom Alrich.
Houston Gulf of Mexico natural gas producers Shell, Chevron and ExxonMobil asked US regulators May 11 to allow them to weigh in on Kinetica Energy Express proposal to significantly raise transportation rates on its system and institute a hurricane surcharge that could go into effect when the Atlantic storm season begins June 1.
Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Under the tariff proposal, KEE s transportation rates would increase $0.2118 to $0.5718/Dt for interruptible service. The reservation rate for firm service would increase $6.4423 to $17.3923/Dt. The new hurricane surcharge would initially be set at zero, but KEE could file annually to recover eligible costs incurred as the result of a storm event, defined as any hurricane, tropical storm or depression named or numbered by the US National Weather Service.
Why you should care about the Colonial Pipeline ransomware hack
The ransomware attack on a major U.S. fuel supplier shows the vulnerability of the nation s aging infrastructure to cyberattacks. Author: FRANK BAJAK AND CATHY BUSSEWITZ Associated Press Published: 10:54 PM EDT May 10, 2021 Updated: 11:20 PM EDT May 10, 2021
WHAT HAPPENED TO THE COLONIAL PIPELINE?
Colonial Pipeline, the owner, halted all pipeline operations over the weekend, forcing what the company called a precautionary shutdown. U.S. officials said Monday that the “ransomware” malware used in the attack didn’t spread to the critical systems that control the pipeline’s operation. But the mere fact that it could have done so alarmed outside security experts.
The natural gas storage report from the EIA for the week ending April 30th indicated that the amount of natural gas held in underground storage in the US rose by 60 billion cubic feet to 1,958 billion cubic feet by the end of the week, which left our gas supplies 345 billion cubic feet, or 15.0% below the 2,303 billion cubic feet that were in storage on April 30th of last year, and 61 billion cubic feet, or 3.0% below the five-year average of 2,019 billion cubic feet of natural gas that have been in storage as of the 30th of April in recent years..the 60 billion cubic feet that were added to US natural gas storage this week was more than the average forecast of a 51 billion cubic foot addition from an S&P Global Platts survey of analysts, but was well below the average addition of 81 billion cubic feet of natural gas that have typically been injected into natural gas storage during the same week over the past 5 years, as well as well below the 103 billion cubic feet added to natural