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EXPLAINER: Why the Colonial Pipeline hack matters

EXPLAINER: Why the Colonial Pipeline hack matters

ABC News
Monday, May 10, 2021 09:48:54 PM UTC

A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure

NEW YORK -- A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation's aging energy infrastructure. The Colonial Pipeline, which delivers about 45% of the fuel used along the Eastern seaboard, shut down Friday after a ransomware attack by gang of criminal hackers that calls itself DarkSide. Depending on how long the shutdown lasts, the incident could impact millions of consumers. WHAT HAPPENED TO THE COLONIAL PIPELINE? Colonial Pipeline, the owner, halted all pipeline operations over the weekend, forcing what the company called a precautionary shutdown. U.S. officials said Monday that the “ransomware” malware used in the attack didn’t spread to the critical systems that control the pipeline’s operation. But the mere fact that it could have done so alarmed outside security experts. WILL THERE BE GASOLINE SHORTAGES?
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