RANSOMWARE POSES INCREASING RISK TO MAJOR COMPANIES
July 1st, 2021
The cyber-attack on the Colonial Pipeline Co in the USA, which sparked the temporary closure of the eastern United States’ most important fuel pipeline, has focused attention on the risks posed by ransomware on major companies. These risks are increasing. Keith Nuthall reports.
One important lesson to be learned from the Colonial Pipeline attack in May was that the hackers that planted ransomware, and stole 100GB of commercial data, did not actually penetrate the company’s operational systems that carry fuel from Texas, mainly to southeastern ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.