US is working to support a post-cyberattack pipeline company Power Matters
Colonial pipelines said Friday that the liberation struggle forced them to ban all pipeline operations.
The U.S. government says it is helping the main plumbing rehabilitation company conspiracy to use cyberware forced his network to be online.
U.S. Secretary of State Gina Raimondo said Sunday that Washington is working to prevent a major oil spill and help the Colonial Pipeline resume quickly.
The company has a pipeline network that travels more than 8,850km (5,500 miles) from Texas to New Jersey.
“With all hands on the gym right now,” Raimondo said in an interview with CBS’s Face the Nation program.
“We are working closely with the company, governments and local authorities, to ensure that they resume their operations as soon as possible and disrupted.”
The Colonial Pipeline said in a statement Friday that it was the victims “and a day later, it confirmed to reporters that the ransom had been affected by the incident.
A ransom is a form of fraudulent software designed to shut down your computer to hide data and to pay for your services. Malware became popular in the last five years.
“In response, we took other offline systems to address the threats, which have temporarily suspended all pipeline operations, and affected some of the IT’s,” the company said.
Colonial pipelines carry 2.5 million barrels a day of petrol, diesel, jet fuel, and other refineries, and are said to export 45 percent of U.S. oil off the east coast.
Oil analysts including the American Automobile Association say a short-term decline could have a significant impact on regional oil, especially in the southeastern US.
President Joe Biden was notified of the cyber bombing on Saturday morning, the White House said, adding that the government was working to help the company resume operations and prevent disruptions.
Experts say oil prices will not be affected if normal operations resume in the next few days but this should be a wake-up call for the industry.
David Kennedy, founder and chief security adviser at TrustedSec, said once the ransom was paid, companies had no choice but to rebuild, or pay.
“The ransom has been redeemed and is not as dangerous as the country,” Kennedy told the Associated Press. “The problem we are facing is that many companies are not well prepared to face these threats.”