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The Colonial Pipeline attackers wanted money. Should companies pay? CNN 2 hrs ago © Shutterstock A devastating ransomware attack on a critical fuel pipeline in the United States has highlighted the growing threat that cyber criminals pose to the world's largest corporations and strategic infrastructure. It also raises a thorny question: should companies held to ransom yield to extortionists or resist making payments? Often it's a choice between regaining access to IT systems for a fee so that operations can be restored, or running the risk of continued disruption that could have huge rep...

Updated: 10:58 PM CDT May 10, 2021 By Zachary Cohen, Geneva Sands and Matt Egan, CNN One of the largest U.S. fuel pipelines remained largely paralyzed Monday after a ransomware cyberattack forced the temporary shutdown of all operations late last week — an incident that laid bare vulnerabilities in the country's aging energy infrastructure.The victim of the attack, Colonial Pipeline, is a company that transports more than 100 million gallons of gasoline and other fuel daily from Houston to the New York Harbor. Over the weekend, the pipeline operator began working to develop ...

No issues with fuel supply yet after cyberattack on Colonial Pipeline, White House says The White House said Monday there are no issues with fuel supply as officials worked urgently to ascertain the scope and fallout of a ransomware attack on the Colonial Pipeline, which supplies much of the eastern United States its gasoline — an incident that laid bare vulnerabilities in the country’s aging energy infrastructure. President Joe Biden and senior White House officials said the administration was working closely with Colonial Pipeline to mitigate the effects of the ransomware attack and sub...

Biden administration scrambles to respond to cyberattack on critical pipeline AP Biden administration officials worked urgently Monday to ascertain the scope and fallout of a ransomware attack on the Colonial Pipeline, which supplies much of the eastern United States its gasoline — an incident that laid bare vulnerabilities in the country’s aging energy infrastructure. Senior White House officials said Monday the administration was working closely with Colonial Pipeline to mitigate the effects of the ransomware attack and subsequent shutdown of the pipeline. But the officials repeatedly a...

What we know about the pipeline ransomware attack: How it happened, who is responsible and more By: CNN By Zachary Cohen, Geneva Sands and Matt Egan, CNN (CNN) -- One of the largest US fuel pipelines remained largely paralyzed Monday after a ransomware cyberattack forced the temporary shutdown of all operations late last week -- an incident that laid bare vulnerabilities in the country's aging energy infrastructure. The victim of the attack, Colonial Pipeline is a company that transports more than 100 million gallons of gasoline and other fuel dai...