Scott … Colonial transports gasoline, diesel, jet fuel and home heating oil from refineries on the Gulf Coast through pipelines running from Texas to New Jersey. She also talks about the vulnerability of … Colonial Pipeline on Friday was forced to halt operations along its entire 5,500-mile conduit carrying gasoline and other fuels from the Gulf Coast to … […] Duration: 05:48 13 hrs ago. The attack on Colonial Pipeline, which runs from Texas to New Jersey and transports 45% of the East Coast's fuel supply, is the largest assault on US energy infrastructure in history. Despite plans to reopen a major U.S. fuel pipeline later this week, following a cyberattack by a gang of hackers, Colonial Pipeline CEO Joseph Blout warned state officials Monday to be ready for possible fuel shortages. In a private meeting, Blout said the company wouldn’t resume shipments until the … Cybersecurity supplier Cloudflare has noticed a big rise in threats towards its clients in current months, CEO Matthew Prince informed CNBC on Monday. The Colonial Pipeline is a vital piece of US infrastructure. Here's what investors are … CEO of hacked Colonial Pipeline warned state officials Tue, May 11, 2021 - 11:57 AM Colonial Pipeline Co Chief Executive Officer Joseph Blount said the company was in the process of developing an extensive restart plan, but wouldn't resume shipments until the ransomware had been removed, according to the person, who was involved in the 18-minute virtual meeting that also … According to Saturday’s statement, “Colonial Pipeline is taking steps to understand and resolve this issue. Save to read list Published by Aimee Knight, Editorial Assistant World Pipelines, Monday, 10 May 2021 14:37. Colonial pipeline shutdown to keep volatility across the commodity space: Prosper Trading Academy CEO The Colonial Pipeline, which transports about 45 percent of fuel consumed on the East Coast, shut down over the weekend due to a ransomware attack.It carried out … With Colonial Pipeline, failing to keep its network segmented — so that bad actors can’t easily hop from one piece of the system to the next — was a big problem that shows a lack of cyber hygiene, according to Reiner. Colonial pipeline shutdown to keep volatility across the commodity space: Prosper Trading Academy CEO. SHARE. Viewing 1 post (of 1 total) Author. Greensea Systems. Prince’s feedback, made in a “TechCheck” interview, got here simply days after a ransomware cyberattack hit Colonial Pipeline, main the corporate to proactively halt operations on a key piece of U.S. petroleum infrastructure. May 11, 2021 at 1:40 am #6915. The main pipeline remains offline but some smaller lines are operational. Colonial’s IT system was attacked, but that was connected to the company’s operating system, so it shut that down, too. Colonial Pipeline, headquartered in Alpharetta, Georgia, "is the largest U.S. refined products pipeline system and can carry more than 3 million barrels of gasoline, diesel and jet fuel between the U.S. Gulf Coast and the New York Harbor area." Gas prices up following Colonial Pipeline shutdown; AAA hopes other pipelines, imports can pick up slack . This topic is empty. Colonial pipeline hackers say they want money, not mayhem FBI names ransomware group DarkSide as perpetrator of attack on major fuel pipeline operator 10 May 2021 - … SHARE. Responsible for delivering gas, heating oil and other … A hacker group launched a ransomware attack on Colonial Pipeline over the weekend. On Friday, Colonial Pipeline Company discovered that it had been hit by a ransomware attack. Home › Community › Industry News › Colonial Pipeline CEO Privately Warns States of Fuel Shortages. EMAIL. “The DarkSide ransomware attack on the Colonial Pipeline highlights the increasing risk cyber criminals pose to critical national infrastructure (CNI). Colonial Pipeline CEO warns of fuel shortages following cyberattackFox Business; New details in Colonial Pipeline shutdown due to ransomware attack — 5/10/2021CNBC Television; AAA: Colonial Pipeline attack shouldn’t disrupt Wisconsin’s supplyWMTV – NBC15; FBI names ‘Darkside’ as Colonial Pipeline cyberattackerFox Business Colonial Pipeline CEO Privately Warns States of Fuel Shortages. CNI, such as oil and gas, is a prime target for these ransomware gangs – systems are underpinned by a myriad of complex information and operational technology devices and so the consequences if these are infiltrated can be devastating. In a private meeting, Blout said the company wouldn’t resume shipments until the ransomware had been removed, Bloomberg reported, citing someone who was at the discussion. Colonial Pipeline fell victim to a cybersecurity attack on Friday that involved ransomware, forcing it to temporarily shut down all pipeline operations. Photograph: Luke Sharrett/Bloomberg/Getty Images . Colonial Pipeline supplies nearly half of the East Coast's fuel—until a ransomware attack took it offline. TWEET. The attack led to the shutdown of a major oil pipeline. Clavister CEO comments on Colonial Pipeline cyberattack. Colonial Pipeline Company has revealed that the business learned it was the victim of a cybersecurity attack on May 7. John Vestberg, co-founder and CEO of Clavister comments: “The DarkSide ransomware attack on the Colonial Pipeline highlights the increasing risk cyber criminals pose to critical national infrastructure (CNI). Cybersecurity provider Cloudflare has observed a significant rise in threats toward its customers in recent months, CEO Matthew Prince told CNBC on Monday.. Prince’s comments, made in a “TechCheck” interview, came just days after a ransomware cyberattack hit Colonial Pipeline, leading the company to proactively halt operations on a key piece of U.S. petroleum infrastructure. U.S. Energy Secretary Jennifer Granholm says service to the Colonial Pipeline is likely to be mostly restored by the end of the week. Cybersecurity supplier Cloudflare has noticed a major rise in threats towards its prospects in current months, CEO Matthew Prince advised The group, known as DarkSide, is relatively new, but it has a sophisticated approach to extortion, sources said. Colonial Pipeline said it is developing a “system restart” plan. Meanwhile, Colonial Pipeline CEO Joseph Blount told state officials in a private meeting that supply shortages could occur even as the company seeks to restart the pipeline … Updated May 10, 2021; Posted May 10, 2021 . Russian criminal group suspected in Colonial pipeline ransomware attack. Posts. The company, which noted that … Spanning more than 5,500 miles, it transports about 45% of all fuel consumed on the East Coast. Keymaster. The Colonial Pipeline attack comes as the Biden administration works to pass a $2.3 trillion infrastructure plan aimed at addressing, in part, America's critical infrastructure vulnerabilities. Advertisement. FOX Business - Despite plans to reopen a major U.S. fuel pipeline later this week, following a cyberattack by a gang of hackers, Colonial Pipeline CEO Joseph Blout warned state officials Monday to be ready for possible fuel shortages. SHARE. Colonial Pipeline Company operates the largest refined products pipeline in the United States, which spans more than 5,500 miles and transports more than 100 million gallons of … 10, 2021 at 1:40 am # 6915 relatively new, but it has a sophisticated approach extortion! 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