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Regulator Proposes $1 Million Fine for Colonial Pipeline One Year After Cyberattack

09
May
2022
Regulator Proposes $1 Million Fine for Colonial Pipeline One Year After Cyberattack

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The PHMSA has proposed civil penalties of $986,000 for the operator of the largest fuel pipeline in the US for what it has described as control room management failures.

In May 2021, Colonial Pipeline was forced to shut down operations after its systems became infected with ransomware. The attack involved the Russia-linked Darkside ransomware and it had significant implications, including states declaring a state of emergency, temporary gas shortages caused by panicked motorists stocking up, and gas price hikes.

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