Colonial Pipeline Says No Damage Has Been Reported From Hack: White House

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  • Bloomberg Quicktake: Now published this video item, entitled “Colonial Pipeline Says No Damage Has Been Reported From Hack: White House” – below is their description.

    President Joe Biden’s homeland security advisor says the operator of a major U.S. pipeline hit by a cyberattack “has not suffered damage and can be brought back online relatively quickly.”

    Speaking from the White House briefing room Monday, Elizabeth Sherwood-Randall said Colonial Pipeline hopes to have service mostly restored by the end of the week but “is prioritizing safety given it’s never taken the entire pipeline down before.”

    Colonial Pipeline provided the update to the White House after being forced to halt operations because of a ransomware attack the FBI has linked to a criminal gang.

    The attack on the pipeline, which the company says delivers roughly 45% of fuel consumed on the U.S. East Coast, raised concerns that supplies of gasoline, jet fuel and diesel could be disrupted in parts of the region if the disruption continues.

    At the moment, though, officials said there is no fuel shortage.

    Randall said the government launched an inter-agency taskforce to address the ransomware attack as soon as it was discovered.

    “This weekend’s events put the spotlight on the fact that our nation’s critical infrastructure is largely owned and operated by private sector companies. When those companies are attacked, they serve as the first line of defense, and we depend on the effectiveness of their defenses,” Randall said.

    She said the White House has “already launched a high priority initiative” involving government and private sector collaboration to harden U.S. infrastructure defenses.

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