Author Topic: Colonial Pipeline ransomware attack  (Read 3772 times)

0 Members and 1 Guest are viewing this topic.

Offline AlbertLTopic starter

  • Regular Contributor
  • *
  • Posts: 214
  • Country: us
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

  • Super Contributor
  • ***
  • Posts: 9410
  • Country: gb
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.  ;)

https://www.bbc.co.uk/news/business-57050690
Best Regards, Chris
 

Offline TimFox

  • Super Contributor
  • ***
  • Posts: 7934
  • Country: us
  • Retired, now restoring antique test equipment
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?
 


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf