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Ransomware Oil & Gas

Wiley Rein LLP

RSA Conference Day 1: The Only Constant is Change

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I am at the RSA Conference 2022 in San Francisco, my first time as a member of the private sector, since retiring from the FBI last year. I attended one of the keynotes on the first day of the conference, in between panels on...more

Opportune LLP

Defense In-Depth: Cybersecurity For Energy

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Glenn Hartfiel, Principal, and Geoff Yut, Consultant, at Opportune LLP discuss why recent geopolitical events are heightening the need for the implementation of improved cybersecurity measures in the energy industry, why...more

American Conference Institute (ACI)

[Event] 16th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance - May 5th - 6th, Washington, DC

ACI’s Annual Flagship Conference on Economic Sanctions Enforcement and Compliance is widely regarded as the premier conference designed for those working in global sanctions compliance, internal audits and investigations,...more

Wiley Rein LLP

2022 Cyber Watch List: A look at 2021 and What’s to Come in the Year Ahead

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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

Morgan Lewis

Emergency Cybersecurity Regulations in the Pipeline Industry: Unique Challenges and Opportunities Ahead

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Cybersecurity threats to critical infrastructure systems are nothing new. But events over the last few years have been notable due to the seemingly increased frequency of successful attacks and the way those attacks have been...more

Husch Blackwell LLP

Cyber Risk Insurance in the Wake of the Colonial Pipeline Cyberattack

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On May 7, 2021, pipeline operator Colonial Pipeline Company suffered a ransomware cyberattack on its namesake Colonial Pipeline. Hackers attacked computerized management equipment, effectively freezing one of the largest...more

Husch Blackwell LLP

Is The TSA Security Directive A Harbinger Of Oil And Gas Cybersecurity Regulations?

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In the weeks that followed a ransomware attack on a domestic pipeline company, the federal government’s efforts to shore up the cybersecurity posture of America’s critical infrastructure and supply chains, including the oil...more

The Volkov Law Group

The Justice Department Strikes Back and Recovers Ransom Paid by Colonial Pipeline

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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

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Volume 5, Issue 21

Welcome to Volume 5, Issue 21 of Currents. This week, we take a look at hydrogen, nuclear, cyber security, renewable energy storage, and the latest in the coal industry. How An Old Power Plant Is Being Refitted For The...more

Robinson+Cole Data Privacy + Security Insider

DOJ Grabs Colonial Pipeline Crypto Wallet from DarkSide

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

Robins Kaplan LLP

Financial Daily Dose 6.10.2021 | Top Story: TC Energy Abandons Controversial Keystone XL Pipeline Project

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After years of protests, lobbying, and legal battles, TC Energy—the Canadian pipeline company behind the embattled Keystone XL pipeline project that “would have carried petroleum from Canadian tar sands to Nebraska”—announced...more

Kramer Levin Naftalis & Frankel LLP

DOJ Seizes Millions in Ransom Paid to Colonial Pipeline Hackers

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

Robins Kaplan LLP

Financial Daily Dose 6.8.2021 | Top Story: DOJ Recovers Most of Ransom Colonial Pipeline Paid to Hackers

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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

Foley Hoag LLP - Security, Privacy and the...

The Government’s Swift Response to Pipeline Cyberattack: Executive Order and TSA Security Directive

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

Hogan Lovells

DHS announces cybersecurity obligations for pipeline companies

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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

Mayer Brown

Critical Pipeline Cybersecurity Directive Released

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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

Davis Wright Tremaine LLP

Following Colonial Pipeline Ransomware Attack, Oil and Natural Gas Companies Must Prepare for New Regulations and Added Scrutiny...

The May 7, 2021, ransomware attack against Colonial Pipeline may be a turning point in the way the United States thinks about cybersecurity. The attack underscores the significant threat cyberattacks pose to operational...more

Lowenstein Sandler LLP

Colonial Pipeline Ransomware Event Highlights Need For Crisis Management Plan

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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

Husch Blackwell LLP

Cybersecurity Focus Shifts To Energy Infrastructure

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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

Ward and Smith, P.A.

Lessons from the Colonial Pipeline Ransomware

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Thankfully, it appears that the Colonial Pipeline ransomware attack is behind us and the panic over gas lines and hoarding can subside. But after an episode like this, it is helpful to take stock and search for what we can...more

Pierce Atwood LLP

Government Races to Secure Critical Infrastructure in Wake of Colonial Pipeline Ransomware Attack

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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

Jackson Lewis P.C.

Biden Administration Issues Cybersecurity Executive Order

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The Biden Administration has issued the much-anticipated “Improving the Nation’s Cybersecurity” Executive Order (EO), setting certain standards and requirements to prevent cyberattacks for government agencies, federal...more

Cozen O'Connor

Getting Tough With Zero Trust – Biden Bolsters Cybersecurity via Executive Order

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On May 12, 2021, President Biden issued Executive Order No. 14028, entitled “Improving the Nation’s Cybersecurity”, setting out new and enhanced cybersecurity standards for federal government agencies and the commercial...more

Bradley Arant Boult Cummings LLP

Executive Order on Cybersecurity Sets Aggressive Timeline

The Colonial Pipeline cyberattack prompted the issuance of a long-awaited executive order (EO) on improving U.S. cybersecurity. The EO mandates that, within six months, all federal agencies implement multi-factor...more

Bilzin Sumberg

A Hard Lesson from the Colonial Pipeline Ransomware Attack

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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

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