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As Colonial Pipeline continues to work on getting its supply chain back to normal after a cyberattack, multiple reports now say the company paid nearly $5 million to the ransomware group behind it.
The arrests followed months of negotiations between the Biden administration and Russian officials around the ransomware attack and other cybersecurity concerns.
The largest U.S. fuel pipeline system, Colonial Pipeline, shut down on Friday after a cyber attack, prompting worries about a spike in gasoline and diesel prices ahead of the peak summer driving ...
Colonial Pipeline reported that it shut down the pipeline as a precaution due to a concern that the hackers might have obtained information allowing them to carry out further attacks on vulnerable parts of the pipeline. The day after the attack, Colonial could not confirm at that time when the pipeline would resume normal functions. [7]
The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. [1] The pipeline – consisting of three tubes – is 5,500 miles (8,850 km) long [1] and can carry 3 million barrels of fuel per day between Texas and New York. [2] It is operated by the Colonial Pipeline Company, which is headquartered in Alpharetta ...
The pipeline project was the longest, biggest and heaviest of its kind in the world. [25] In total, the Big Inch pipeline was 1,254 miles (2,018 km) long, with 222 miles (357 km) of secondary distribution and feeder lines, and had 28 pumping stations along the route, approximately every 50 miles (80 km). [ 26 ]
Colonial Pipeline paid $5 million in ransom to recover stolen data and resume operations, according to The New York Times. The cost was 75 bitcoin, which was transferred to the Russian hacking ...
The first segment of the pipeline opened in October 2012. [3] Pecos River Pipeline: Developed by Bridger Group and Advantage Pipeline, the Pecos River Pipeline will provide a link from the Delaware Basin to the Gulf Coast. The pipeline will run from the Pecos, Texas, to Crane, Texas, where it will connect to the Longhorn Pipeline. The Pecos ...