The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) has proposed a penalty of nearly $1 million to Colonial Pipeline for violating federal safety regulations, worsening the impact of the ransomware attack last year. The $986,400 penalty is the result of an inspection conducted by the regulator of the pipeline operator's control … [Read more...] about U.S. Proposes $1 Million Fine on Colonial Pipeline for Safety Violations After Cyberattack
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Hackers Breached Colonial Pipeline Using Compromised VPN Password
The ransomware cartel that masterminded the Colonial Pipeline attack early last month crippled the pipeline operator's network using a compromised virtual private network (VPN) account password, the latest investigation into the incident has revealed. The development, which was reported by Bloomberg on Friday, involved gaining an initial foothold into the networks as early as … [Read more...] about Hackers Breached Colonial Pipeline Using Compromised VPN Password
Key Takeaway from the Colonial Pipeline Attack
Every time I hear about a new cyber-attack, I ask myself: “Is this a new attack vector? A new vulnerability? A new creative tactic?” The answer is almost invariably no. Attack after attack, threat intelligence reports describe well known tactics that have been carried out numerous times in the past. I breathe a sigh of relief and remember Churchill’s famous World War II motto: … [Read more...] about Key Takeaway from the Colonial Pipeline Attack
Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals
Colonial Pipeline on Thursday restored operations to its entire pipeline system nearly a week following a ransomware infection targeting its IT systems, forcing it to reportedly shell out nearly $5 million to regain control of its computer networks. "Following this restart, it will take several days for the product delivery supply chain to return to normal," the company said in … [Read more...] about Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals