A cyberattack forced the closure of a major US fuel pipeline over the weekend. The 5,500-mile system carries gas and other fuel from Texas to New Jersey and transports ~45% of fuel consumed on the East Coast. The federal government is actively working with the pipeline operator, Colonial Pipeline, to secure the transportation network as the shutdown enters its third day.
More context: The ransomware attack appears to be linked to a cyber-criminal gang known as “DarkSide.” Fuel prices are not expected to be materially affected if operations are able to resume within the next few days.
The New Paper
This story is from the May 10, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.