Ransomware crisis hits oil pipeline
Cyber criminals hiding out in the former Soviet Union struck at a major U.S. oil pipeline company this week, hitting Colonial Pipeline with a ransomware attack that force the pipeline to shut down temporarily. The pipeline, which provides about 45 percent of the fuel to the Eastern seaboard, is expected to start up before the lack of service creates problems, price spikes and shortages, but this attack is one more example of the danger of this type of crime. Ransomware attacks occur when hackers break into a company or agency’s computer system, scramble their data and demand large ...