Colonial Pipeline cyber attack: Will gas shortage, price hikes follow? | USA TODAY 1

Colonial Pipeline cyber attack: Will gas shortage, price hikes follow? | USA TODAY

 

Prices at the gas pump are often based on these five factors, which are constantly in flux.

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Colonial Pipeline did not say what was demanded or who made the demand. Ransomware attacks are typically carried out by criminal hackers who seize data and demand a large payment in order to release it.

The attack on the company, which says it delivers roughly 45% of fuel consumed on the East Coast, underscores again the vulnerabilities of critical infrastructure to damaging cyberattacks that threaten to impede operations. It presents a new challenge for an administration still dealing with its response to major hacks from months ago, including a massive breach of government agencies and corporations for which the U.S. sanctioned Russia last month.

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14 comments

  1. Personally, something in the milk isn’t clean. A major pipeline shuts down due to a ransomware attack? Sounds to me like somebody is trying to double profit, once from the ransomware and two: from the gain in oil prices from the shutdown of the pipeline. Follow the money

  2. They attack us because we have a weak president that cares about Trans people and rainbows instead of the real issues.

    1. Don’t believe anything the news tells you. It’s possible it was an attack but it’s just as possible we did it to ourselves.

    1. @rounz1 gas was less than $2/gallon and African Americans had the lowest unemployment in history thanks to president Trump. This administration is a joke like all democrats.

    2. @Scott Manerez I don’t know where you live, but gas where I live has been $3.00+ for a couple of years now. “But but but Obama. But Hillary”, Oh and now: “But Biden”. Get out of here.

    3. @Mike Wilson Reading is fundamental. I just said that we’ve been paying 3.00+ for gas for a couple of years now. Get one of your Q pals to explain it to you.

  3. Let me guess, an Invasion of Iran and Venezuela will be the solution to bringing the gas prices down?

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