Fuel markets brace for volatility after cyber strike shuts US pipeline
Impact on prices could be severe if Colonial Pipeline is not brought back on line soon
Financial Crime Compliance | Training | Advisory
Impact on prices could be severe if Colonial Pipeline is not brought back on line soon
U.S. government officials were working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware cyberattack that forced the company to shut a critical fuel network supplying populous eastern states. The attack is one of the most disruptive digital ransom operations reported and has prompted calls from…
Top U.S. fuel pipeline operator Colonial Pipeline worked on Sunday to recover from a ransomware cyberattack that forced it to shut down on Friday and sparked worries of a spike in retail gasoline prices.
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