US Fuel Crisis Eases After Cyber Attack

Squarespace all set to go public

The US fuel crisis eases as Colonial returns to normal after last week’s ransomware attack. This attack shut down America’s largest pipeline for six days. The pipeline supplies about 45 percent of the fuel consumed by the U.S. East Coast. The outage has sparked panic buying and sent the average national gasoline price to its highest since October 2014. It was the most disruptive cyber hack on record. Also, it left many of the gas stations across the southeast without gasoline. 

DarkSide is blamed for the attack and hacked four other companies, including a Toshiba subsidiary in Germany. Colonial Pipeline has not determined how the initial breach occurred. The 5,500-mile pipeline carries 100 million gallons of gasoline, diesel and jet fuel to East Coast markets from...

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