The scale of the recent Colonial Pipeline ransomware attack demonstrates why cyber risk should be assessed as a business risk by organizations’ C-suite, going beyond the narrower view of IT/OT network risk.
Fuel is being delivered to the US East Coast again after hackers infiltrated the company’s operation. Colonial reportedly paid a $5-million ransom.
Colonial Pipeline shuttered its East Coast fuel pipeline system as data were hacked and held for ransom.

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