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Pipeline stocks broadly higher after Colonial Pipeline ransomware attack

Shares of energy pipeline companies were broadly higher Monday, in the aftermath of the ransomware attack on Colonial Pipeline, even as crude oil futures reversed earlier gains to trade lower. Among some of the more active energy infrastructure and pipe.....»»

Category: topSource: marketwatchMay 10th, 2021

Biden says no evidence Russia involved in Colonial Pipeline ransomware attack

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 10th, 2021

Futures Movers: Oil higher after cyberattack forces shutdown of key U.S. fuel pipeline

Oil futures rise Monday after a ransomware attack forces the shutdown of pipelines supplying around 45% of fuel to the East Coast......»»

Category: topSource: marketwatchMay 10th, 2021

US government working to aid top fuel pipeline operator after cyberattack

The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware attack that forced the company to shut a critical fuel network supplying populous eastern states......»»

Category: topSource: foxnewsMay 10th, 2021

The Biden administration is working with Colonial Pipeline to restore service "quickly" after a ransomware attack on the country"s top fuel pipeline operator

Colonial has not said when service might resume but a lengthy shutdown could roil fuel markets, disrupt East Coast .....»»

Category: dealsSource: nytMay 9th, 2021

Ransomware attack leads to shutdown of major U.S. pipeline system

Colonial’s 5,500 miles of pipelines carry fuel from refineries on the Gulf Coast to customers in the southern and eastern United States. The company says it shut down its pipelines temporarily after a cyber attack......»»

Category: topSource: washpostMay 8th, 2021

Pipeline CEO Admits to Paying $4.4m to Ransomware Hackers

The CEO of Colonial Pipeline has confirmed the company paid $4.4 mi.....»»

Category: topSource: redherringMay 20th, 2021

U.S. government denies disrupting Russian ransomware ring that hacked Colonial Pipeline

Officials, speaking on the condition of anonymity because of the matter’s sensitivity, said military cyber operators did not undertake such an action nor had any other U.S. agency......»»

Category: topSource: washpostMay 19th, 2021

: Bitcoin extortion: How cryptocurrency has enabled a massive surge in ransomware attacks

The Colonial Pipeline episode is likely to bring even greater interest in the regulation of bitcoin and other cryptocurrencies as law enforcement seeks to track down the perpetrators, and policymakers hope to prevent similar attacks from happening again......»»

Category: topSource: marketwatchMay 15th, 2021

Oil prices finish the week higher as pipeline shutdown "short lived"

Oil futures climbed on Friday, erasing previous losses to finish higher for the week. "The Colonial Pipeline debacle got most of the attention from energy traders this week," but the shutdown "did not have a material impact on the broader.....»»

Category: topSource: marketwatchMay 14th, 2021

As Colonial Pipeline recovers from cyberattack, leaders point to a ‘wake-up call’ for U.S. energy infrastructure

Even as the crisis started to abate, the ease with which a critical artery of America’s transportation system was felled by a common online attack prompted a soul-searching among national leaders and cybersecurity experts......»»

Category: topSource: washpostMay 14th, 2021

Colonial Pipeline Begins Pumping Fuel Again—Days After Shutting Down Due to Hack Attack

The disruption caused long lines at gas stations in the Southeast due to distribution problems and panic-buying (CLEMMONS, N.C.) — The nation’s lar.....»»

Category: topSource: timeMay 13th, 2021

As Colonial Pipeline recovers from cyber attack, leaders point to a ‘wake-up call’ for U.S. energy infrastructure

Even as the crisis started to abate, the ease with which a critical artery of America’s transportation system was felled by a common online attack prompted a soul-searching among national leaders and cybersecurity experts......»»

Category: topSource: washpostMay 13th, 2021

U.S. oil prices log lowest settlement since April

Oil futures declined Thursday, with U.S. prices settling at their lowest level so far this month, following news that Colonial Pipeline has restarted operations following a ransomware-related operat.....»»

Category: topSource: marketwatchMay 13th, 2021

Colonial Pipeline Paid Hackers $5 Million In Crypto Ransom Hours After Attack 

Colonial Pipeline Paid Hackers $5 Million In Crypto Ransom Hours After Attack  Update (1028ET): In a stunning reversal to the official narrative in which the good guys lost and those evil "Russian" hackers ended u.....»»

Category: worldSource: nytMay 13th, 2021

Colonial Pipeline attack tip of the infrastructure risk iceberg: DHS cyber chief

The Colonial Pipeline may be the first of other major U.S. infrastructure attacks, says the Cybersecurity and Infrastructure Security Agency......»»

Category: topSource: foxnewsMay 12th, 2021

U.S. says it"s begun work to temporarily waive Jones Act after Colonial Pipeline attack

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 11th, 2021

U.S. moving to temporarily waive Jones Act after Colonial Pipeline attack

The Biden administration said Tuesday it is moving to temporarily waive a law that requires goods shipped between U.S. ports to be transported on U.S.-owned and operated vessel.....»»

Category: topSource: marketwatchMay 11th, 2021

Oil futures end higher as traders eye Colonial Pipeline developments

Oil futures settled higher on Tuesd.....»»

Category: topSource: marketwatchMay 11th, 2021

Colonial Pipeline is just the latest energy asset hit by cyberattacks. Here’s a look at the growing menace.

The ransomware cyberattack on Colonial Pipeline isn’t the first time hackers have hit energy assets in America and beyond in rec.....»»

Category: topSource: chicagotribuneMay 10th, 2021

Crude oil prices rise after Colonial Pipeline cyberattack

The Colonial Pipeline's shutdown is pushing oil and gasoline prices higher......»»

Category: topSource: foxnewsMay 10th, 2021