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While ransomware has been a challenge for small businesses for years, a confluence of factors have emboldened attackers in the past year, culminating in the shutdown on Friday of a critical gasoline pipeline to the U.S. East Coast. The pipeline’s operator, Colonial Pipeline Co.
Hackers have grown adept at communicating about vulnerabilities on the so-called Dark Web, a network of computers that can share information anonymously. The ability to demand payment in cryptocurrency limits law-enforcement tracking capabilities. And the growth in insurance policies that cover ransomware payments has helped seed an increasingly professionalized ransomware industry.
Senior officials in the Biden administration have said ransomware is likely the most serious cybersecurity threat to the U.S. and that on its current trajectory the problem will only get worse in the years ahead. A senior Justice Department official likened the phenomenon to “cyber weapons of mass destruction.”
It’s Russia and China. Biden’s BFFS . Where the helm is America’s NSA AND HOMELAND PROTECTIONS. We need to find the sponsor Country and sanction them heavily.
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Colonial Pipeline Hack Sparks Questions About OversightThe Colonial Pipeline ransomware attack hit an industry that largely lacks federal cybersecurity oversight, and uneven digital defenses have left many oil-and-gas companies vulnerable to such hacks No regulation, no protection, it's a fair game. I'm trying to block it out, he knows I'm having a very hard time right now, but it's alright, and I don't know what to say about it. Hello. How are you?
Source: WSJ - 🏆 98. / 63 Read more »
U.S. Pipeline Shutdown Exposes Cyber Threat to Energy SectorThe ransomware attack that forced the closure of the largest U.S. fuel pipeline this weekend showed how cybercriminals pose a far-reaching threat to the aging, vulnerable infrastructure that keeps the nation’s energy moving saveshiekhjarrah🇵🇸 saveshiekhjarrah🇵🇸 saveshiekhjarrah🇵🇸 'aging, vulnerable infrastructure' That would be completely safe if it wasn't run by fucking assholes who only care about stock prices. For fuck's sake it takes 1 damn tape drive to make ransomware fucking useless.
Source: WSJ - 🏆 98. / 63 Read more »
Colonial Pipeline Hack: What We Know About the Ransomware CyberattackWhat we know about the ransomware attack that forced the shutdown of the nation’s largest fuel pipeline to the East Coast Before missiles gets deployed in any modern war, this stuff will happen 10X. The truth is,Russia’s hackers have had access to the pipeline since Trump was there. They didn’t want to attack the pipeline because Trump was so friendly to them. They were waiting for president Biden to take over to show they can attack our infrastructure. There was a loophole! Honorable Mentions
Source: WSJ - 🏆 98. / 63 Read more »
Colonial Pipeline says it aims to 'substantially' restore service by end of week after ransomware attackColonial Pipeline on Monday afternoon said it aimed to 'substantially' restore service on its system, which provides around 45% of refined fuel needs to the... JackRhysider well you called this one not too long ago on your podcast.
Source: MarketWatch - 🏆 3. / 97 Read more »
Criminal group originating from Russia believed to be behind pipeline cyberattackA criminal group originating from Russia named 'DarkSide' is believed to be responsible for a ransomware cyberattack on the Colonial Pipeline, according to a former senior cyber official. datrkside sounds kind of sounds like anonymous lostboys to me. This was going to happen under president Biden and Harris, they know that this administration is week and never would have done this under Trump. It won’t take long before they take over the power grid nationwide and hold America hostage AP
Source: CNN - 🏆 4. / 95 Read more »
20 cybersecurity stocks Wall Street believes can rise up to 79% over the next yearThe ransomware attack on Colonial Pipeline Co. highlights an obvious area for growth in the technology sector. WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders! Hedge Funds are selling in preparation to StockMarket crash!
Source: MarketWatch - 🏆 3. / 97 Read more »