Cybercrime Group Claims Responsibility For Colonial Pipeline Hack… “Our Goal is to Make Money”
Washington D.C. – A professional cybercriminal group known as “DarkSide” has taken responsibility for the ransomware attack on the Colonial Pipeline.
In a newly released statement on its website, the criminal operation said it was “apolitical” and was it in for the money.
“Our goal is to make money, and not creating problems for society,” DarkSide stated. “From today we introduce moderation and check each company that our partners want to encrypt to avoid social consequences in the future.”
Colonial Pipeline, the largest U.S. refined products pipeline operator with a network spanning more than 5,500-miles (8,850 km) from Texas to New Jersey, was forced to shut down late last week in the wake of the cyberattack.
On Sunday, the company said its main fuel lines remained offline but some smaller lines between terminals and delivery points are now operational.
In an update on Monday, Colonial said the “situation remains fluid and continues to evolve” but its goal is to “substantially” restore operational service “by the end of the week.”
President Joe Biden was asked today about the attack and shot down reports that Russia may have been behind it.
“So far there is no evidence from our intelligence people that Russia is involved,” the President said. “Although, there’s evidence the actor’s ransomware is in Russia. They have some responsibility to deal with this.”
.@POTUS on Colonial Pipeline: “So far, there is no evidence, based on from our intelligence people, that Russia is involved. Although, there’s evidence that the actor’s ransomware is in Russia. They have some responsibility to deal with this.”
— CSPAN (@cspan) May 10, 2021
President Biden did not elaborate specifically on what he expected Russia to do in response.
Meanwhile, the Federal Motor Carrier Safety Administration (FMCSA) has issued a Emergency waiver of hours of service (HOS) regulations for fuel haulers providing direct relief to 17 states and the District of Columbia.
Experts fear a prolonged outage would trigger a widespread fuel shortage and spike prices at the pump.
Paul Hardin, president and CEO of the Texas Food and Fuel Association, told Transportation Nation Network (TNN) on Monday he does not expect shortages to occur or prices to spike as a result of the hack unless Colonial is unable to get back up and running this week.
“If this extends out beyond Friday then prices will creep up 10 to 20 cents per gallon,” Hardin assessed. “If it were to extend out numerous weeks, then prices would increase more substantially.”
However, Hardin said this latest attack underscores the importance of companies fortifying their cybersecurity defenses.
“It’s not ‘if’ but ‘when’ it is going to happen to you. We try to keep that in front of our members constantly.”
TransportationNation.com will continue to follow new developments closely.