DiscoverDelugne Investing PodcastEp 123 - DarkSide: The Ransomware Attack That Took Down Colonial Pipeline
Ep 123 - DarkSide: The Ransomware Attack That Took Down Colonial Pipeline

Ep 123 - DarkSide: The Ransomware Attack That Took Down Colonial Pipeline

Update: 2021-05-20
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In this episode, let's talk about DarkSide, a company that led to the ransomware attack that took down the Colonial Pipeline.


A few days ago, a major oil pipeline company announced that they are coming back online after a few days of outage because of a cyberattack that caused gas prices to surge and gas stations in many different states to experience shortages. 


After nearly a week of being shut down, the Company announced that they are restarting the pipeline operations and that the supply chain would “return to normal” within the next several days.


Now, here's the thing, this is not a small problem. Why?


Because Colonial Pipeline is the largest gas pipeline in the U.S. The pipeline provides nearly half of the East Coast’s fuel supply, and if the company has to go through a prolonged shutdown, it would have caused the oil price to increase and the shortage would have affected many different industries.


Not only that, this ransomware attack was different. It wasn’t an attack on a medium-sized business. It was much, much bigger than that.




On May 7, when Colonial Pipeline announced that they were hit by a ransomware attack and had to shut down operations, gas prices spiked, millions of people were impacted, drawing immediate attention of the press and the FBI. 


All of a sudden, everyone knows about this ransomware attack.  


And the services enabling the attacks were provided by this company called - DarkSide. 


But how did Darkside takedown Colonial Pipeline? That's what we'll be discussing in this episode.




Check out to find out more!


For more info about Delugne Investing, check out Delugne.com for more info.




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Ep 123 - DarkSide: The Ransomware Attack That Took Down Colonial Pipeline

Ep 123 - DarkSide: The Ransomware Attack That Took Down Colonial Pipeline

Rignesh