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NEW YORK The biggest U.S. gasoline pipeline will not resume full operations for several more days due to a ransomware cyberattack blamed on a shadowy criminal network called DarkSide.
The attack on the Colonial Pipeline, which carries nearly half the fuel consumed along the U.S. East Coast, is one of the most disruptive digital ransom schemes ever reported.
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While the impact remains to be quantified, the pipeline shutdown will reduce fuel availability in the near term, push up prices and force refiners to cut production because they have no way to ship the gas.
By Stephanie Kelly and Devika Krishna Kumar
NEW YORK, May 10 (Reuters) – America’s biggest gasoline pipeline will not resume full operations for several more days due to a ransomware cyberattack blamed on a shadowy criminal network called DarkSide.
The attack on the Colonial Pipeline, which carries nearly half the fuel consumed along the U.S. East Coast, is one of the most disruptive digital ransom schemes ever reported.
While the impact remains to be quantified, the pipeline shutdown will reduce fuel availability in the near term, push up prices and force refiners to cut production because they have no way to ship the gas.
US government, top fuel supplier work to secure pipelines
Reuters, NEW YORK
The US government and the top US fuel pipeline operator yesterday were working to secure the network that transports nearly half of the east coast’s supplies as a shutdown to halt a ransomware cyberattack entered its fourth day.
The attack last week on Colonial Pipeline was one of the most disruptive digital ransom schemes ever reported and has sent shock waves across the industry.
The resulting shutdown has disrupted fuel supply across the eastern US, triggered isolated sales restrictions at retail pumps and pushed benchmark gasoline prices to a three-year high.
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