Author Topic: Colonial Pipeline ransomware attack  (Read 1501 times)

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Offline AlbertL

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Colonial Pipeline ransomware attack
« on: May 12, 2021, 08:50:41 pm »
Looks like this will be the one that really focuses public attention on cybersecurity, due to the highly visible and widespread disruptions it's causing.

Offline Gyro

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Re: Colonial Pipeline ransomware attack
« Reply #1 on: May 12, 2021, 09:19:57 pm »
Apparently they didn't mean to shut the pipeline down though.... So there's that.  ;)
Regards, Chris

"Victor Meldrew, the Crimson Avenger!"

Offline TimFox

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Re: Colonial Pipeline ransomware attack
« Reply #2 on: May 12, 2021, 10:32:39 pm »
This looks to me as another example of the basic incentive problem for critical utilities:
If the only penalty to the company for insufficient investment in safety or reliability is a loss of income during the disruption, there is no incentive to invest heavily against a rare or unlikely situation.  A similar problem:  Blizzards hit Texas only every  10 years or so, so why spend large sums on winterization of facilities?

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