Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription Colonial Pipeline Ransomware Attack Rattles Power Industry, Renews Vulnerability Concerns A ransomware incident on May 7 that prompted Colonial Pipeline Co., owner of the nation’s largest refined products pipeline, to proactively shut it down underscores the punch cyberthreats can pose to organizations, “regardless of size or sector,” the U.S. Cybersecurity and Infrastructure Security Agency (CISA) has warned. Five days after Colonial Pipeline first learned it was the victim of a cyberattack, the Alpharetta, Georgia-headquartered company continued to restore operations on the 5,500-mile pipeline, which transports more about 45% of all fuel consumed on the East Coast from refineries primarily in the Gulf Coast. The White House on Monday said the Biden administration was “continually assessing the impact of the ongoing incident” and “evaluating every action” it could take to mitigate the impact as much as possible.