What You Need To Know About The Gas Pipeline Hacking By The Russians

 

Colonial Pipeline runs from Texas to New Jersey and transports 45% of the East Coast's fuel supply

Colonial said it was forced to shut down all its pipeline operations on Friday to contain the threat after becoming the victim of a ransomware cyberattack 

DarkSide, a Russian hacking outfit made up of ransomware veterans, is behind the attack, the FBI says

Colonial has not yet said whether it has paid or is negotiating a ransom

The operator and the US government are scrambling to restart the network to avoid fuel shortages and price hikes 

The fuel pipeline operator said it had restarted some smaller lines but its main lines remained shut  

Experts are saying that gasoline prices are unlikely to be affected and there will not be a lasting impact if the pipeline is back to normal within five days 

Anymore than 10 days offline will result in 'significant fuel shortages' in the Southeast, experts warn

The average price of regular-grade gasoline has jumped 6 cents over the past two weeks to $3.02 per gallon

Experts warn the attack on Colonial Pipeline could exacerbate that upward pressure on prices if it goes unresolved for a period of time https://www.dailymail.co.uk/news/article-9562143/Colonial-Pipeline-scrambles-restart-network-DarkSide-cyberattack.html