Cyberattack Cripples Iranian Smart Fuel Stations

A cyberattack has paralyzed the Iranian smart fuel distribution network and caused massive transport disruptions. “The disruption at the refueling system of gas stations… in the past few hours, was caused by a cyberattack.Technical experts are fixing the problem and …

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US to Release at least 50m Barrels of Oil from its Strategic Reserve

US President Joe Biden has greenlighted the release of 50 million barrels of oil from their strategic reserves to help alleviate global oil price hikes and shortages. The move was made in coordination with India, China, Japan, the Republic of …

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Cyberattack Cripples Iranian Smart Fuel Stations

A cyberattack has paralyzed the Iranian smart fuel distribution network and caused massive transport disruptions. “The disruption at the refueling system of gas stations… in the past few hours, was caused by a cyberattack.Technical experts are fixing the problem and …

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U.S. Justice Department Recovers Millions in Cryptocurrency Ransom Paid to Pipeline Hackers

The United States Justice Department announced on June 7 that it has seized millions of dollars in cryptocurrency paid in ransom to the cybercriminals responsible for the ransomware attack on Colonial Pipeline last month. “Earlier today, the Department of Justice …

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Colonial Pipeline Chief Executive Confirms Company Paid $4.4 Million Ransom

Colonial Pipeline Chief Executive Joseph Blount confirmed on May 19 that the company paid the $4.4 million ransom to the group of hackers who launched the ransomware attack on its systems. In his first interview since the cyber attack, Blount …

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Colonial Pipeline Communications Downed

Colonial Pipeline shippers reported that the communications system of Colonial Pipeline was down as of Tuesday morning raising fears of another hack. According to the shippers who refused to disclose their identity, the system that allows customers to nominate and …

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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 …

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White House Urges Americans Not to Hoard Gas Amid Colonial Pipeline Shutdown

The White House urged Americans on May 11 to avoid hoarding gas amid the Colonial Pipeline shutdown following a ransomware attack by a Russian hacking group. “Much as there was no cause for hoarding toilet paper at the beginning of …

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Moscow Denies Involvement in Colonial Pipeline Cyberattack

Moscow denies involvement in the latest cyber attack by a hacker group known as DarkSide on the US oil company, Colonial Pipeline, in a statement on Tuesday. “We categorically reject the baseless fabrications of individual journalists and reiterate that Russia …

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