HT TECH wants to start sending you push notifications. Click allow to subscribe

Colonial Pipeline faces criticism from US lawmakers over weak cybersecurity

US lawmakers criticized Colonial Pipeline's cybersecurity practices as the company’s chief executive officer faced his second day of questioning on Capitol Hill.

By: BLOOMBERG
Updated on: Aug 21 2022, 18:04 IST
Joseph Blount, JR., Colonial Pipeline's President and Chief Executive Officer, testifies during a Senate Homeland Security and Government Affairs Committee hearing on the Colonial Pipeline cyber attack, at the U.S. Capitol in Washington, U.S., June 8, 2021.  (REUTERS)

US lawmakers criticized Colonial Pipeline’s cybersecurity practices as the company’s chief executive officer faced his second day of questioning on Capitol Hill.

“If your pipeline provides fuel to 45% of the East Coast, why are you only hardening systems after an attack? Why wasn’t it done beforehand,” said John Katko, the Republican congressman from New York and ranking member of the House Homeland Security Committee, which held a hearing on Wednesday on lessons learned from the attack.

You may be interested in

Mobiles Tablets Laptops
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
₹156,900
Check details
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
₹106,998
Check details
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
₹104,999
Check details
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage
₹87,900
Check details
21% OFF
Acer Swift Go SFG14 41 NX KG3SI 002 Laptop
  • Pure Silver
  • 8 GB RAM
  • 512 GB SSD
₹58,990₹74,999
Buy now
43% OFF
Acer Aspire 5 A515 57G Laptop
  • Gray
  • 16 GB RAM
  • 512 GB SSD
₹51,250₹89,990
Buy now
33% OFF
Acer Aspire 3 A315 24 NX KDESI 004 Laptop
  • Silver
  • 8 GB RAM
  • 512 GB SSD
₹32,990₹48,990
Buy now
21% OFF
Asus VivoBook 15 X515JA BQ322WS Laptop
  • Transparent Silver
  • 8 GB RAM
  • 512 GB SSD
₹30,990₹38,990
Buy now
33% OFF
Xiaomi Pad 6
  • Mist Blue
  • 6 GB RAM
  • 128 GB Storage
₹26,999₹39,999
Buy now
55% OFF
Lenovo Tab M10 5G
  • Abyss Blue
  • 6 GB RAM
  • 128 GB Storage
₹20,999₹47,000
Buy now
32% OFF
Realme Pad 2
  • Imagination Grey
  • 6 GB RAM
  • 128 GB Storage
₹19,700₹28,999
Buy now
Honor Pad X9
  • Gray
  • 4 GB RAM
  • 128 GB Storage
₹16,998
Check details

Also read: One password allowed hackers to disrupt Colonial Pipeline, CEO reveals

The committee hearing with Joseph Blount Jr. came after a ransomware attack early last month forced Colonial to shut down. The attack raised gas prices and caused fuel shortages across the East Coast. Blount paid a 75-Bitcoin ransom to the attackers in order to restart operations, and on Monday, the FBI announced that it had recouped 63.7 Bitcoin of this payment. Because of the declining value of Bitcoin since the ransom was paid, the U.S. seizure in late May amounted to $2.3 million, just over half the $4.4 million paid weeks earlier after the ransom was demanded.

“I hope Colonial will use the recouped money to make necessary improvements to its cybersecurity,” said Bennie Thompson, the Democratic congressman from Mississippi who chairs the committee.

Blount largely restated his comments from the day before, when he appeared before a Senate committee, apologizing for the disruption but defending his company’s response. Under questioning, he said he didn’t discuss paying a ransom with the FBI or other US agencies before making the payment.

Read more: Colonial Pipeline hack: US says majority of ransom paid now recovered

Blount told lawmakers that he expected that his company’s cyber insurance would cover the cost of the ransom.

“We will be doing a lot of things differently,” he said. “We’re headed toward a lot more hardening and a lot of different architecture than we had before mainly because we’ve been compromised and we need to change.”

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on ,Twitter, Facebook, , and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 09 Jun, 23:35 IST

Sale

Mobiles Tablets Laptops
4% OFF
Samsung Galaxy S24 Ultra
  • Titanium Black
  • 12 GB RAM
  • 256 GB Storage
₹129,999₹134,999
Buy now
7% OFF
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
₹148,900₹159,900
Buy now
13% OFF
Xiaomi 14
  • Matte Black
  • 12 GB RAM
  • 512 GB Storage
₹69,999₹79,999
Buy now
11% OFF
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage
₹79,800₹89,900
Buy now
57% OFF
Lenovo Tab M10 5G
  • Abyss Blue
  • 6 GB RAM
  • 128 GB Storage
₹19,999₹47,000
Buy now
38% OFF
Realme Pad 2
  • Imagination Grey
  • 6 GB RAM
  • 128 GB Storage
₹17,999₹28,999
Buy now
21% OFF
Samsung Galaxy Tab S9 5G 256GB
  • Graphite
  • 8 GB RAM
  • 256 GB Storage
₹88,858₹113,098
Buy now
6% OFF
Apple iPad Pro 11 2022
  • Silver
  • 8 GB RAM
  • 128 GB Storage
₹105,999₹112,900
Buy now
23% OFF
Infinix INBook X1 Neo XL22 Laptop Intel Celeron Quad Core 8 GB 256 GB SSD Windows 11
  • Blue
  • 4 GB RAM
  • 128 GB SSD
₹22,990₹29,990
Buy now
37% OFF
Asus ROG Strix Scar 15 G532LW AZ056T Laptop
  • Black
  • 16 GB RAM
  • 1 TB SSD
₹146,200₹231,990
Buy now
24% OFF
Asus ROG Strix G15 G513RC HN063W Laptop
  • Electro Punk
  • 16 GB RAM
  • 512 GB SSD
₹66,500₹86,990
Buy now
37% OFF
Asus Zenbook 14 OLED UX3402VA KN541WS Laptop
  • Ponder Blue
  • 16 GB RAM
  • 512 GB SSD
₹85,990₹135,990
Buy now
NEXT ARTICLE BEGINS