#184 - Hacker Holidays: The Colonial Pipeline
Description
In this episode of The Cybersecurity Defenders Podcast, we recount some hacker history, and with the help of Casey Ellis, Founder and CSO at Bugcrowd, tell the story of the largest critical infrastructure ransomware attacks in history: The Colonial Pipeline
On May 7, 2021, Colonial Pipeline, an American oil pipeline system that originates in Houston, Texas, and carries gasoline and jet fuel mainly to the Southeastern United States, suffered a ransomware cyberattack that impacted computerized equipment managing the pipeline. The Colonial Pipeline Company halted all pipeline operations to contain the attack. Overseen by the FBI, the company paid the amount that was asked by the hacker group (75 bitcoin or $4.4 million USD) within several hours; upon receipt of the ransom, an IT tool was provided to the Colonial Pipeline Company by DarkSide to restore the system. However, the tool required a very long processing time to restore the system to a working state.
This episode was written by the talented Nathaniel Nelson.
Casey Ellis can be found on LinkedIn here.
United States
