Colonial Pipeline, which operates the biggest gasoline conduit to the East Coast, said it has no estimate on when it could restart the 5,500-mile pipeline that it shut Friday after a cyberattack. The company took systems offline to contain the threat, temporarily halting all pipeline operations and affecting some IT system. In a statement, the company said the Colonial Pipeline operations team is developing a system restart plan, and while their mainlines remain offline, some smaller lateral lines between terminals and delivery points are now operational.
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61% of organizations were infected with ransomware in 2020
In it's The State of Email Security report, Mimecast reports that 79% of security leaders indicate their companies had experienced a business disruption, financial loss or other setback in 2020 due to lack of cyber preparedness.