A major pipeline system that stretches from Texas to New Jersey was shut down Saturday after a massive cyberattack crippled the crucial fuel supply line.
Pipeline operator Colonial Pipeline said they shut down their system after a ransomware attack was discovered. This type of cyberattack locks down systems until payment is given.
“On May 7, the Colonial Pipeline Company learned it was the victim of a cybersecurity attack. In response, we proactively took certain systems offline to contain the threat, which has temporarily halted all pipeline operations, and affected some of our IT systems. Upon learning of the issue, a leading, third-party cybersecurity firm was engaged, and they have already launched an investigation into the nature and scope of this incident, which is...