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Policy Minute: TSA Cybersecurity Roadmap for Pipelines
In today's interconnected global economy, supply chain optimization plays a critical role in driving business success. However, unpredictable weather events such as hurricanes, tropical storms, and extreme weather conditions...more
Last year Colonial Pipeline halted one of the United States’ largest pipeline systems due to a ransomware attack. Within days a state of emergency was declared in 17 states. A few days later the pipeline resumed service, and...more
Should hazardous liquids pipelines be prepared to operate “manually” in the event of a future cyberattack? An almost million dollar fine proposed by the Pipeline and Hazardous Materials Safety Administration (“PHMSA”) on...more
Privacy In Focus®- In 2021, cyber gained prominence as a top business risk and national security concern with ransomware attacks wreaking havoc on business operations and critical infrastructure. Companies large and small,...more
CYBERSECURITY - Second Security Directive Issued by TSA to Pipeline Operators - The U.S. Transportation Security Administration (TSA) issued its second Security Directive to the pipeline industry on July 20, 2021,...more
You just can’t make this stuff up – the Justice Department, displaying its growing sophistication of the cyber world, announced it recovered most of the ransom paid to criminal hackers of Colonial Pipeline Co. (Colonial)....more
The Times digs into what it’s calling private equity’s “conquer[ing of] the American tax system”—where “slight-of-hand tax-avoidance strategies” are so “aggressive” and pervasive that “at least three private equity officials...more
In an unusual and exciting twist to the Colonial Pipeline ransomware attack, the Department of Justice (DOJ) announced this week that it was able to retrieve $2.3 million of the $4.4 million paid by Colonial Pipeline to...more
On June 7, the Department of Justice (DOJ) announced that it seized 63.7 of the 75 bitcoins paid by Colonial Pipeline to ransomware attackers last month. The recovered bitcoins were valued at $2.3 million at the time of...more
In a rare cyber win for the good guys (at least one that’s publicly acknowledged), the DOJ revealed on Monday that it “had seized much of the ransom that a major U.S. pipeline operator had paid last month to a Russian hacking...more
On May 10, 2021, the hacking group DarkSide succeeded in shutting down the Colonial Pipeline with a ransomware attack that highlighted the vulnerability of the U.S. energy sector to cyberattacks. The attack led to a panic...more
The U.S. Department of Homeland Security (DHS) issued a security directive (Directive) that, for the first time, imposes mandatory cybersecurity requirements on companies in the pipeline industry. ...more
In the wake of the May 2021 ransomware attack on a major US oil pipeline, the Department of Homeland Security’s (DHS) Transportation Security Administration (TSA) has released a security directive (the “TSA Directive”) to...more
On May 27, 2021, the Department of Homeland Security’s Transportation Security Administration (TSA) announced a Security Directive that will enable DHS to better identify, protect against, and respond to threats to critical...more
CYBERSECURITY - Tulsa, OK Refuses to Pay Ransom to Attackers - The City of Tulsa, Oklahoma, announced on May 9, 2021, that it had been hit with a ransomware attack, but the Mayor is resolute in not paying the demanded...more
On May 27, the Department of Homeland Security’s Transportation Security Administration announced a Security Directive designed to “better identify, protect against, and respond to threats to critical companies in the...more
Colonial Pipeline paid hackers a ransom of $4.4 million in bitcoin soon after discovering a cybersecurity hack on its systems that began on May 6. The company’s acknowledgement comes after days of speculation about whether a...more
On May 12, President Biden issued Executive Order 14028 focused on improving the nation’s cybersecurity posture. The order follows the recent cyberattack on one of the nation’s largest pipelines, Colonial Pipeline, in which...more
The recent Colonial Pipeline ransomware event provides a strong incentive for organizations to evaluate their resiliency to cyberattacks. With ransomware being the No. 1 concern for many Security Officers surveyed in a recent...more
The Biden Administration has committed to making cybersecurity a top priority and is now turning its focus towards energy infrastructure, which is widely recognized as vulnerable to cyberattack due to grid control systems....more
Colonial Pipeline shut down 5,500 miles of its East Coast pipeline on May 7, 2021, in an effort to contain a security breach resulting from a ransomware attack. Colonial’s pipeline is one of the nation’s largest and carries...more
The cyber landscape is changing once again, in terms of impact, policy and potential exposure. In the wake of the Colonial Pipeline hack, the Biden administration released a long-awaited Executive Order intended to strengthen...more
One of the nation’s largest pipelines, Colonial Pipeline, which carries 45 percent of the East Coast’s fuel supplies, was forced to shut down on May 7 after it was targeted by a ransomware attack. Ransomware is a type of...more
On May 12, 2021, the Biden Administration issued an Executive Order on “Improving the Nation’s Cybersecurity” (EO). The EO was in the works prior to the Colonial Pipeline cyberattack, reportedly a ransomware incident that...more
In the immediate aftermath of the May 7, 2021 Colonial Pipeline ransomware attack, the focus, naturally, is on the rush to get the pipeline back on line after identifying and patching any vulnerabilities that caused the...more