Colonial Pipeline, the operator of the America’s largest fuel pipeline, fell victim to a cybersecurity attack on Friday 7 May that involved ransomware, forcing it to temporarily shut down all pipeline operations.
Ransomware is a form of malware that encrypts a victim's files. The attacker then demands a ransom from the victim to restore access to the data upon payment.
The attack on Colonial Pipeline means that there could be potential sporadic outages if a specific terminal was relying on a delivery in the coming days and is now delayed.
Click here to read the original article as reported on by Emma Newburger for CNBC.
