colonial
Washington (AFP) - The US government on Thursday imposed cybersecurity requirements on petroleum pipelines for the first time, following a ransomware attack that temporarily shut down a key oil conduit this month. The new rules imposed by the Department of Homeland Security require pipeline operators to designate a cybersecurity coordinator who must be available at all times, and report confirmed incidences to the agency's Cybersecurity and Infrastructure Security Agency. Pipeline owners will also be required to review their procedures and identify cybersecurity gaps and ways to fix them, with...
AFP
New York (AFP) - Colonial Pipeline paid $4.4 million in ransom to hackers after a cyberattack because it was "the right thing to do for the country," the US company's head said, according to a Wall Street Journal report Wednesday. Joseph Blount told the newspaper he recognized the payment was a "highly controversial decision," but that it was a necessary action given the debilitating impact of the multi-day shutdown on the United States. "I will admit that I wasn't comfortable seeing money go out the door to people like this," Blount told the publication. "But it was the right thing to do for...
AFP
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