First Suez Canal. Now Pipeline Ransomware Attack. What's Nex

First Suez Canal. Now Pipeline Ransomware Attack. What's Next. | Supply and Demand Chain Executive


First Suez Canal. Now Pipeline Ransomware Attack. What’s Next.
Here we are again. Experiencing yet another global supply chain disruption. This time, one that involves a cyberattack on Colonial Pipeline
May 12, 2021
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When the Suez Canal saga happened in March, it created a ripple effect of repercussions, that even now, three months later, is still being felt across the globe.
In fact, ClearPrism reports the canal blockage will affect approximately 25% of the U.S. gross domestic product value, and will result in impacts on another 15%.
And, yet, here we are. In May. Experiencing yet another global supply chain disruption. One that involves a cyberattack on Colonial Pipeline, which is said to be the largest U.S. refined products pipeline system, carrying more than 3 million barrels of gasoline, diesel and jet fuel between the U.S. Gulf Coast and the New York Harbor area.

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