BusinessCompany News

Actions

Colonial Pipeline To Restore Service This Week

The company had halted operations because of a ransomware attack the FBI has linked to a Russian criminal gang.
Posted at 5:00 PM, May 10, 2021
and last updated 2021-05-10 17:00:43-04

Colonial Pipeline said it hopes to have most of its service restored by the end of this week. 

The update comes after the company halted operations because of a ransomware attack the FBI has linked to a Russian criminal gang. 

The cyberattack raised concerns about supplies of gasoline, jet fuel and diesel potentially being disrupted in parts of the the east coast. 

Colonial Pipeline delivers roughly 45% of fuel consumed in the region. 

Additional reporting by The Associated Press.