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Colonial Pipeline – XtremeCuztoms

Tag: Colonial Pipeline

DHS Rolls Out New Cybersecurity Rules For Pipeline Owners and Operators

The Department of Homeland Security (DHS) has issued a memorandum detailing new cybersecurity rules for owners and operators of pipelines, a decision seen by the pipeline industry as a win. The Security Directive Pipeline-2021-02C (SD02C) is applicable to operators or owners of hazardous liquid and natural gas pipelines or a liquefied natural gas facility who…


DHS Rolls Out New Cybersecurity Rules for Pipeline Owners, Operators

The Department of Homeland Security (DHS) has issued a memorandum detailing new cybersecurity rules for owners and operators of pipelines, a decision seen as a victory by the pipeline industry. The Security Directive Pipeline-2021-02C (SD02C) is applicable to operators or owners of hazardous liquid and natural gas pipelines or a liquefied natural gas facility who…


Russian Cyber Threat a Heightened Concern for Canada, Says Security Official

With Canada sanctioning Russia for its invasion of Ukraine and supporting the latter with weapons and intelligence, an official with the Canadian Centre for Cyber Security (CCCS) says his agency is closely monitoring for potential retaliation from Russia in the form of cyber threats. “I’m aware of the fact that the committee is currently concerned with…


AUKUS Partners Call on Organisations to Bolster Cyber Defences Against Ransomware

Australia, U.S., and UK authorities have issued guidelines encouraging individuals and organizations to reinforce their cyber defences against global ransomware threats, cyber criminals-for-hire, and attacks on critical infrastructure. The joint advisory was published on Feb. 9 from the U.S.’s Federal Bureau of Investigation, National Security Agency, and the Cybersecurity and Infrastructure Security Agency (CISA), along…


NTD Business Full Broadcast (June 8)

Colonial Pipeline’s CEO testifies before Congress, discussing the ransomware attack last month that led to skyrocketing gas prices. Does he regret paying the ransom? The White House launching a new task force Tuesday, to bring back supply chains of critical products and target China’s unfair trade practices. A software company, one of bitcoin’s biggest backers, is issuing bonds…


Colonial Pipeline CEO ‘Deeply Sorry’ for Impact of Pipeline Attack

Colonial Pipeline’s CEO on Tuesday apologized for the impact that a cyberattack had on the American public. “We are deeply sorry for the impact that this attack had but we were also heartened by the resilience of our country and of our company,” Colonial Pipeline President and CEO Joseph Blount told members of a Senate panel…


Colonial Pipeline CEO ‘Deeply Sorry’ for Impact of Pipeline Attack

Colonial Pipeline’s CEO on Tuesday apologized for the impact that a cyberattack had on the American public. “We are deeply sorry for the impact that this attack had but we were also heartened by the resilience of our country and of our company,” Colonial Pipeline President and CEO Joseph Blount told members of a Senate panel…


US Recovers Most of Ransom Colonial Pipeline Paid to Hackers

The United States has seized most of the cryptocurrency paid to hackers that took hostage portions of Colonial Pipeline’s system last month, leading to soaring gas prices and station outages. The Department of Justice seized nearly 64 bitcoin, worth approximately $2.3 million. The action was made possible by a search warrant authorized by U.S. Magistrate…


New Bill Seeks to Increase Penalties for Attacks on Critical US Infrastructure

A Texas lawmaker has introduced a bill that seeks to impose a mandatory minimum sentence of 30 years in prison and sanctions for foreign actors who commit attacks on key U.S. infrastructure. Rep. Pat Fallon (R-Texas) announced the bill, entitled “Protecting Critical Infrastructure Act of 2021,” which will also place severe sanctions against individuals who…


Deep Dive (May 20): Colonial Pipeline CEO Explains Why He Paid the Ransom: ‘For the Country’

Colonial Pipeline’s CEO confirms the company paid $4.4 million to the ransomware attackers. He reveals his reason behind the controversial action. Some have argued that the payment encourages the group to commit similar attacks. Is a state seceding? Several counties in Oregon vote to consider joining the state of Idaho. Lead petitioner Mike McCarter said in…