Cybercrime Hits the Pump

The ransomware attack on Colonial Pipeline is a sobering reminder about cybersecurity.

By Andrew Ross Sorkin, Jason Karaian, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

Hackers take down a major fuel pipeline

One of the U.S.’s biggest pipeline operators, Colonial Pipeline, disclosed late last week that it was forced to shut down after it was hit by ransomware. It’s a sobering reminder that cybercrime is one of the most serious threats that companies face.

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