• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Articles
  • News
  • Events
  • Advertize
  • Jobs
  • Courses
  • Contact
  • (0)
  • LoginRegister
    • Facebook
    • LinkedIn
    • RSS
      Articles
      News
      Events
      Job Posts
    • Twitter
Datafloq

Datafloq

Data and Technology Insights

  • Categories
    • Big Data
    • Blockchain
    • Cloud
    • Internet Of Things
    • Metaverse
    • Robotics
    • Cybersecurity
    • Startups
    • Strategy
    • Technical
  • Big Data
  • Blockchain
  • Cloud
  • Metaverse
  • Internet Of Things
  • Robotics
  • Cybersecurity
  • Startups
  • Strategy
  • Technical

Top U.S. fuel pipeline operator pushes to recover from cyberattack

Reuters / 2 min read.
May 9, 2021
floq.to/2KBF9

(Reuters) -Top U.S. fuel pipeline operator Colonial Pipeline worked on Sunday to recover from a ransomware cyberattack that forced it to shut down on Friday and sparked worries of a spike in retail gasoline prices.

Colonial said on Saturday it was “continuing to monitor the impact of this temporary service halt” and to work to restore service. It did not give an estimate for a restart date.

The incident is one of the most disruptive digital ransom operations ever reported and has prompted calls from American lawmakers to tighten protections for critical U.S. energy infrastructure against hackers.

Colonial moves 2.5 million barrels per day of gasoline and other fuels from refiners on the Gulf Coast to consumers in the mid-Atlantic and southeastern United States.

Its 5,000 mile (8,850 km) network serves major U.S. airports, including Atlanta’s Hartsfield Jackson Airport, the world’s busiest by passenger traffic.

Retail fuel experts including the American Automobile Association said an outage lasting several days could have significant impacts on regional fuel supplies, particularly in the U.S. Southeast.

While the U.S. government investigation is in the early stages, a former U.S. official and two industry sources said the hackers are likely a professional cybercriminal group and that a group dubbed “DarkSide” was likely among the potential suspects.

DarkSide is known for deploying ransomware and extorting victims while avoiding targets in post-Soviet states. Ransomware is a type of malware designed to lock down systems by encrypting data and demanding payment to regain access.

Cybersecurity firm FireEye has also been brought in to respond to the attack, according to the two industry sources. FireEye declined to comment.

Colonial said late on Saturday it was working with a “leading, third-party cybersecurity firm,” but did not name the firm.

Bloomberg News, citing people familiar with the matter, reported late on Saturday that the hackers are part of DarkSide and took nearly 100 gigabytes of data out of Colonial’s network on Thursday ahead of the pipeline shutdown.

Colonial did not immediately reply to an email from Reuters seeking comment outside usual U.S. business hours.

BIDEN BRIEFED ON THE INCIDENT

President Joe Biden was briefed on the incident on Saturday morning, a White House spokesperson said, adding that the government was working to try to help the company restore operations and prevent supply disruptions.

Another fuel pipeline serving the same regions carries a third of what Colonial does. Any prolonged outage would require tankers to transport fuels from the U.S. Gulf Coast to East Coast ports.

The privately held, Georgia-based company is owned by CDPQ Colonial Partners L.P., IFM (US) Colonial Pipeline 2 LLC, KKR-Keats Pipeline Investors L.P., Koch Capital Investments Company LLC and Shell Midstream Operating LLC.

Gasoline futures and diesel futures on the New York Mercantile Exchange rose on Friday after the outage was reported. In previous Colonial outages, retail prices have risen substantially, if briefly.

Oil refining companies contacted by Reuters on Saturday said their operations had not yet been impacted. Some were monitoring developments and working to find alternative transport for customers.

(Writing by Richard ValdmanisEditing by Himani Sarkar and Frances Kerry)

Categories: News
Tags: Data, future, mobile, news, security

About Reuters

Primary Sidebar

E-mail Newsletter

Sign up to receive email updates daily and to hear what's going on with us!

Publish
AN Article
Submit
a press release
List
AN Event
Create
A Job Post

Jobs

  • Software Engineer | South Yorkshire, GB - February 07, 2023
  • Software Engineer with C# .net Investment House | London, GB - February 07, 2023
  • Senior Java Developer | London, GB - February 07, 2023
  • Software Engineer – Growing Digital Media Company | London, GB - February 07, 2023
  • LBG Returners – Senior Data Analyst | Chester Moor, GB - February 07, 2023
More Jobs

Tags

AI Amazon analysis analytics application applications Artificial Intelligence BI Big Data business China Cloud Companies company costs crypto Data design development digital engineer environment experience future Google+ government Group health information learning machine learning market mobile news public research security services share skills social social media software strategy technology

News

  • GM says it expects some EVs to receive $7,500 US tax credits
  • Apple wins reversal of $502 million VirnetX patent infringement verdict
  • Verizon, AT&T to get full C-Band use, extend some 5G safeguards – letter
  • Elon Musk seeks to end $258 billion Dogecoin lawsuit
  • Apple wins appeal against UK’s decision to investigate its mobile browser
More News

Related Online Courses

  • Meta AR Developer
  • Big Data – Capstone Project
  • Data Platform, Cloud Networking and AI in the Cloud
More courses

Footer


Datafloq is the one-stop source for big data, blockchain and artificial intelligence. We offer information, insights and opportunities to drive innovation with emerging technologies.

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Recent

  • Everything You Should Know About 3D Pose Estimation
  • 12 Data Quality Metrics That ACTUALLY Matter
  • How to Build Microservices with Node.js
  • How to Validate OpenAI GPT Model Performance with Text Summarization (Part 1)
  • What is Enterprise Application Integration (EAI), and How Should Your Company Approach It?

Search

Tags

AI Amazon analysis analytics application applications Artificial Intelligence BI Big Data business China Cloud Companies company costs crypto Data design development digital engineer environment experience future Google+ government Group health information learning machine learning market mobile news public research security services share skills social social media software strategy technology

Copyright © 2023 Datafloq
HTML Sitemap| Privacy| Terms| Cookies

  • Facebook
  • Twitter
  • LinkedIn
  • WhatsApp

In order to optimize the website and to continuously improve Datafloq, we use cookies. For more information click here.

settings

Dear visitor,
Thank you for visiting Datafloq. If you find our content interesting, please subscribe to our weekly newsletter:

Did you know that you can publish job posts for free on Datafloq? You can start immediately and find the best candidates for free! Click here to get started.

Not Now Subscribe

Thanks for visiting Datafloq
If you enjoyed our content on emerging technologies, why not subscribe to our weekly newsletter to receive the latest news straight into your mailbox?

Subscribe

No thanks

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

Marketing cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!