Colonial Pipeline

National

Americans Could Feel Ida's Impact At The Gas Pump

1:23pm August 30, 2021

by Rachel Treisman

At least four of the nine oil refineries in Ida's path are believed to have paused their operations ahead of the storm. AAA says it's too early to know the full impact until power is restored.

As ransomware cases surge, the cyber criminals almost almost always demand, and receive, payment in cryptocurrencies like Bitcoin. The world's largest meat supplier, JBS, announced Wednesday that it paid $11 million in Bitcoin to hackers in a recent ranso

National

How Bitcoin Has Fueled Ransomware Attacks

10:50am June 10, 2021

by Greg Myre

If you're planning a multi-million dollar ransomware attack, there's really only one way to collect - with cryptocurrency. It's fast. It's easy. Best of all, it's largely anonymous and hard to trace.

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The Justice Department has assembled a new task force to confront ransomware after what officials say was the most costly year on record for the crippling cyberattacks. It managed to recover $2.3 million of the ransom paid by Colonial Pipeline in an attac

National

How A New Team Of Feds Hacked The Hackers And Got Colonial Pipeline's Ransom Back

9:28am June 08, 2021

by Vanessa Romo

The linchpin to retrieving $2.3 million, half the company's payment, was gaining access to the private key linked to the attacker's Bitcoin account. Here's how authorities may have gotten it.

The entrance of Colonial Pipeline Company in Charlotte, N.C.

National

U.S. Has Recovered Some Of The Millions Paid In Ransom To Colonial Pipeline Hackers

4:27pm June 07, 2021

by Vanessa Romo

The Justice Department says it has seized Bitcoin worth millions of dollars that was part of what Colonial Pipeline paid to get control of its systems back from hackers.

Colonial Pipeline CEO Joe Blount says that paying a multi-million dollar ransom to get a large portion of the East Coast's fuel supply back online was "the right decision to make for the country."

National

The Colonial Pipeline CEO Explains The Decision To Pay Hackers A $4.4 Million Ransom

7:13am June 04, 2021

NPR's Mary Louise Kelly speaks with Colonial Pipeline CEO Joe Blount on the ransomware attack on the pipeline's network and the decision to pay the hackers the $4.4 million ransom.

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A gas pump is marked "out of service" as cars line up May 11 at a Circle K in Charlotte, N.C., following a ransomware attack that shut down Colonial Pipeline.

National

Pipeline Companies Will Have To Report Cyberattacks To The Government

4:04pm May 26, 2021

by Avie Schneider

Pipeline and other key infrastructure companies aren't currently required to report ransomware attacks, so "we don't really understand how bad the problem is," says a former cybersecurity official.

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Motorists line up at a gas station on New York's Long Island, hoping to fill their tanks during the gasoline shortage of 1973-74. Long lines and fuel restrictions were common across the country.

Pipeline Panic Recalls Perils Of Gas Lines For Past Presidents

8:01am May 16, 2021

by Ron Elving

Some Americans actually remember the gas lines of the 1970s and how they contributed to the downfall of two presidents. And if you don't, you've at least heard the stories and seen the pictures.

A fuel tank is seen at Colonial Pipeline's Linden Junction tank farm in Woodbridge, N.J., on May 10.

National

How To Stop Ransomware Attacks? 1 Proposal Would Prohibit Victims From Paying Up

3:56pm May 13, 2021

by Jason Breslow

The attack on Colonial Pipeline has focused new attention on a potentially radical proposal to stem the growing threat posed by ransomware: making it illegal for victims to pay their attackers.

Transportation

Nearly Half Of Triad Stations Out Of Fuel, But More Is On The Way

2:28pm May 13, 2021

by Eddie Garcia

Fuel outages continue across the Southeast due to consumer response to the Colonial Pipeline cyberattack.

Drivers wait to refuel vehicles Wednesday at a Costco Wholesale Corp. gas station in Dunwoody, Ga. Officials are urging people not to panic-buy as motorists in Southeastern states put a run on gas stations.

National

Colonial Pipeline Restarts: There's No Need To Panic-Buy Gas (And Never Was)

9:27pm May 12, 2021

by Rachel Treisman

Even before fuel began flowing again after a ransomware attack, experts said any shortages were because of transportation, not supply, and they urged people not to top off their tanks.