David E Sanger, Clifford Krauss and Nicole Perlroth, The New York Times
Published: 09 May 2021 11:56 AM BdST
Updated: 09 May 2021 11:56 AM BdST Holding tanks are seen at Colonial Pipeline s Linden Junction Tank Farm in Woodbridge, New Jersey, US in an undated photograph. Colonial Pipeline/Handout via REUTERS.
One of the nation s largest pipelines, which carries refined gasoline and jet fuel from Texas up the East Coast to New York, was forced to shut down after being hit by ransomware in a vivid demonstration of the vulnerability of energy infrastructure to cyberattacks. );
}
The operator of the system, Colonial Pipeline, said in a vaguely worded statement late Friday that it had shut down its 5,500 miles of pipeline, which it says carries 45% of the East Coast’s fuel supplies, in an effort to contain the breach. Earlier Friday, there were disruptions along the pipeline, but it was not clear at the time whether that was a direct result of the attack or of the comp
Gasoline futures ended the day 0.31% higher at $2.1334 per gallon. At one point in the overnight session, gasoline futures jumped as high as $2.217, levels not seen since May 2018. The contract also spent some of Monday s session in the red.
Colonial halted all pipeline operations on Friday night as a proactive measure following the ransomware cyberattack. A criminal group known as DarkSide was responsible for the attack, the FBI confirmed.
On Monday, Cybereason provided CNBC with a new statement from DarkSide s website that appears to address the Colonial Pipeline shutdown. DarkSide said it s an apolitical organization and only wants to make money without causing problems for society.
Cyberattack Forces a Shutdown of a Top U.S. Pipeline
The operator, Colonial Pipeline, said it had halted systems for its 5,500 miles of pipeline after being hit by a ransomware attack.
A Colonial Pipeline facility in Pelham, Ala. The company said it had learned on Friday that it was the victim of a cyberattack.Credit.Jay Reeves/Associated Press
Published May 8, 2021Updated May 13, 2021
One of the nation’s largest pipelines, which carries refined gasoline and jet fuel from Texas up the East Coast to New York, was forced to shut down after being hit by ransomware in a vivid demonstration of the vulnerability of energy infrastructure to cyberattacks.
Its four mainlines remain offline. Colonial said it s developing a restart plan, but provided no timetable as to when full service will be restored. We are in the process of restoring service to other laterals and will bring our full system back online only when we believe it is safe to do so, and in full compliance with the approval of all federal regulations, Colonial said in a statement.
The federal government is working to avoid supply disruptions after the company suspended operations, U.S. Commerce Secretary Gina Raimondo said Sunday morning. This is what businesses now have to worry about, Raimondo said during an interview on CBS Face the Nation. Unfortunately, these sorts of attacks are becoming more frequent. They re here to stay.