Colonial Pipeline Hack: Trouble Was the Result but Money was the Goal

The Colonial Pipeline hack by DarkSide created Malicious code that resulted in the pipelines shut down, FBI officials have confirmed. According to the company, the Colonial pipeline transports about 45% of the fuel consumed on the East coast. U.S. fuel prices at the pump rose six cents per gallon on the week to $2.967 per gallon for regular unleaded gasoline, the American Automobile Association (AAA) said on Monday, while Wall Street shares in U.S. energy firms were up 1.5%. The U.S. issued emergency legislation on Sunday after a ransomware cyber-attack hit the Colonial Pipeline.

The Colonial Pipeline Hack: It’s Real, It Will Happen Again, and We Must Be Prepared

Hackers recently attacked computer systems belonging to the Colonial Pipeline company, forcing them to shut down operations and inhibiting delivery of diesel fuel, gasoline, and jet fuel throughout the East Coast of the United States. The company has responded quickly but cautiously and expects to resume normal operation very soon. In the meantime, a declaration of emergency from the White House allows extended operation of other means of petroleum transport.