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Wednesday, July 28, 2021

Colonial Pipeline Resumes Operations After Cyberattack

Colonial Pipeline announced on May 12 that it has resumed operations after a five-day shutdown due to a cyberattack.

The company said in a statement that it has restarted operations at around 5 p.m. but warned that it will take “several days” for operations to return to normal.

“Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period,” the company stated.

“Colonial will move as much gasoline, diesel, and jet fuel as is safely possible and will continue to do so until markets return to normal,” the company further stated.

A cyberattack last May 7 forced Colonial Pipeline, a major supplier of fuel in the United States, to shut down its operations, leading to panic buying, temporary price spikes, and shortages in some gasoline stations along the East Coast.

The fuel shortages prompted the states of Florida, Virginia, North Carolina, and Georgia to declare a state of emergency.

The Federal Bureau of Investigation identified a Russian hacking group known as DarkSide to be responsible for the cyberattack.

The hackers demanded ransom money, which Colonial Pipeline reportedly said they will not pay.

It is not known how much money the hackers are demanding. 

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