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Analysis: Cyberattack exposes lack of required defenses on U.S. pipelines

Analysis: Cyberattack exposes lack of required defenses on U.S. pipelines
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Analysis: Cyberattack exposes lack of required defenses on US pipelines

Analysis: Cyberattack exposes lack of required defenses on US pipelines
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Analysis-Cyberattack exposes lack of required defenses on U.S. pipelines

Peoria, IL, USA 1470 & 100.3 WMBD
May 12, 2021 | 5:44 AM
FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipeline s Dorsey Junction Station in Woodbine, Maryland, U.S. May 10, 2021. REUTERS/Drone Base
WASHINGTON (Reuters) – The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses.
The U.S. government has had robust, compulsory cybersecurity protocols for most of the power grid for about 10 years to prevent debilitating hacks by criminals or state actors.
But the country’s 2.7 million miles (4.3 million km) of oil, natural gas and hazardous liquid pipelines have only voluntary measures, which leaves security up to the individual operators, experts said. ....

United States , White House , District Of Columbia , Cynthia Osterman , Alejandro Mayorkas , Donald Trump , Richard Glick , Timothy Gardner , Joe Biden , Tristan Abbey , Lisa Murkowski , Christi Tezak , Department Of Homeland Security , Energy Regulatory Commission , Energy Department , American Petroleum Institute , Transportation Security Administration , Comarus Analytics , Accountability Office , Clearview Energy Partners , Federal Energy Regulatory Commission , East Coast , Memorial Day , Homeland Security , General Accountability Office , Republican Senator Lisa Murkowski ,

Analysis - Cyberattack exposes lack of required defenses on U.S. pipelines

Analysis - Cyberattack exposes lack of required defenses on U.S. pipelines
By Timothy Gardner
Reuters
WASHINGTON (Reuters) - The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses.
The U.S. government has had robust, compulsory cybersecurity protocols for most of the power grid for about 10 years to prevent debilitating hacks by criminals or state actors.
But the country s 2.7 million miles (4.3 million km) of oil, natural gas and hazardous liquid pipelines have only voluntary measures, which leaves security up to the individual operators, experts said. ....

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Biden's softer stance on international sanctions unlikely to trigger big waves in oil markets

Biden’s softer stance on international sanctions unlikely to trigger big waves in oil markets
President-elect Joe Biden could take a more lenient approach to heavily sanctioned nations such as Iran and Venezuela, but the timing and impacted volumes of crude are unlikely to have big impacts on the oil markets that will remain dominated by the ongoing coronavirus pandemic.
Outgoing President Donald Trump took a hard-line stance on sanctions, undoing the US-Iran nuclear accord and adding new sanctions to the already economically unraveling Venezuela, while recognizing an opposition administration against President Nicolás Maduro. However, Maduro is consolidating more power heading into 2021, including through boycotted elections on Dec. 6, while Biden could reinstate a similar Iran deal negotiated under former President Barack Obama. ....

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