Cyberattack Shuts Down Massive East Coast Gasoline Pipeline

  • Date: 08-May-2021
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Cyberattack Shuts Down Massive East Coast Gasoline Pipeline

Share to Linkedin The Colonial Pipeline, which carries almost half of the East Coast's gasoline, shuttered its network overnight due to a cyberattack, the company said in a statement, in the latest instance of hacking disrupting a U. S. company's operations. A pumpjack and oil refinery in Seminole, West Texas. The cyberattack impacted Colonial Pipeline's IT systems late Friday, and the company says it tried to minimize the damage by proactively shutting down its over 5, 000 miles of pipelines, which carry gasoline, jet fuel and kerosene from Texas to the New York area. The company has called law enforcement, and it hired a private cybersecurity company to conduct its own investigation into the attack, it said. Colonial Pipeline is still working to restore service (the Georgia-based company did not immediately respond when asked when it plans to resume operations). "At this time, our primary focus is the safe and efficient restoration of our service and our efforts to return to normal operation," Colonial Pipeline said in a statement. 100 million gallons. That's how much refined fuel Colonial Pipeline says it moves per day, accounting for about 45% of all fuel used on the East Coast. A private company, Colonial