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Cyberattacks Against U.S. - 100-Gigabyte Colonial Pipeline Hack - Possible Impact To Entire E. Coast


Forbes - Two days after a hacking group forced the nation’s biggest gasoline pipeline to shut down, Commerce Secretary Gina Raimondo cautioned Sunday morning that cyberattacks against U.S. businesses and infrastructure are “here to stay” and becoming more frequent, joining a chorus of government officials urging Congress to help better prepare the private sector for future attacks.



KEY FACTS


“This is what businesses now have to worry about,” Raimondo said to CBS’ Face the Nation of the ransomware attack and data hack that led Colonial Pipeline, the nation’s top fuel pipeline operator, to shut down Friday.


Though she didn’t give a timeline for when the pipeline, which supplies roughly 45% of gas to the nation’s East Coast, would restart operations, Raimondo said President Joe Biden has been briefed on the attack and is working closely with the company and local officials to commence normal operations “as quickly as possible” and without supply disruptions.



“The implications for this,.....READ MORE


Forbes is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features original articles on finance, industry, investing, and marketing topics.



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