Economy

Cyber ​​attack shuts down largest US pipeline company

Colonial announced this in a press release.

Damming

The company has taken a number of systems offline to ensure that the attack is contained and cannot cause more damage. It is not yet clear what kind of cyber attack has hit the company. Also nothing is known about the perpetrators.

Colonial Pipeline also states that it is taking steps to “understand and resolve” the problem. In any case, a cybersecurity company has been hired for this and the police and the judiciary have been called in.

Important infrastructure

Colonial supplies the United States with gasoline, diesel, kerosene and other petroleum products every day through a network of nearly 6,000 miles of pipeline. The oil comes from the Gulf Coast, the southern states of the Gulf of Mexico and is distributed from there to the rest of the country.

Shutting down the pipelines could have consequences for the pump in the long term, experts say. When Hurricane Harvey hit the Gulf Coast in 2017, Colonial operations also largely had to shut down. At the time, this resulted in a significant price increase for petrol and diesel from that region.

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