Colonial pipeline reaching full capacity after cyberattack
The vast Colonial petrochemical pipeline stretching from Texas to New York was reaching full capacity again after resuming operations following the largest cyberattack ever experienced.
According to US President Joe Biden, “This is not like flicking on a light switch. It’s going to take some time, and there may be some hiccups. Services are expected to return fully to normal this weekend.” There have been conflicting reports about whether Colonial has paid a ransom to the hackers. Meanwhile, Biden noted that according to his intelligence briefings, the Russian state and Russian president Vladimir Putin were not involved in the ransomware attack on Colonial Pipeline Co last week, which shut down its pipeline carrying gasoline and other petrochemical commodities, for six days.