Why Biden doesn’t snore on the Colonial pipeline
di Redazione Start Magazine
For Biden the hackers behind a cyber attack that closed the Colonial pipeline are based in Russia. The article of the Financial Times
Joe Biden said that the United States government has “strong reasons” to believe that the hackers behind a cyber attack that shut down the Colonial pipeline are based in Russia, while urging Americans not to panic about the temporary fuel shortage.
“We do not believe that the Russian government is involved in this attack. But we have a strong reason to believe that the criminals who made the attack live in Russia. That’s where it comes from, “said the president on Thursday – reports the FT.
“We were in direct communication with Moscow on the imperative for the countries responsible to take decisive action against these ransomware networks,” he added, noting that he hoped to discuss the matter with Russian President Vladimir Putin.
The 5,500-mile pipeline system has a capacity of 2.5 million barrels per day of liquid fuels such as gasoline, diesel and jet fuel, which transports from Gulf Coast refineries to hubs in the north-east. The FBI has indicated that the arrest was caused by a ransomware attack by the group of hackers Darkside.
Computer experts claim that Russia tacitly allows ransomware gangs to operate and will not prosecute them. In return, these criminals do not attack Russian companies and can be called to share their access to the victims’ systems, the experts said.
Last month, the US Treasury accused one of Russia’s secret services, the FSB, of “cultivating and co-opting” the notorious ransomware group Evil Corp, which was targeted with sanctions.
The Colonial pipeline – responsible for transporting nearly half of the motor fuel used on the east coast of the United States – began the full reopening process on Wednesday evening, five days after being hit by a cyber attack that triggered a panic-buying wave by motorists in the southeastern states.
Biden said the government expects a “return to normality region by region starting this weekend and continuing into the next week”. He urged the Americans to avoid buying fuel in panic and said he had invited state governors and local authorities to keep an eye on any illegal price.
“Don’t panic, number one. I know that seeing lines at pumps or gas stations without petrol can be extremely stressful, but this is a temporary situation,” Biden said. “No more gasoline than you need in the next few days”.
Shortages in gas stations triggered by panic-buying continued Thursday, with 70% of stations in North Carolina running dry and about half in Virginia, Georgia and South Carolina, according to Gasbuddy, a data provider.
Colonial said he had made “substantial progress” in reporting online transactions and that all of his markets would start receiving fuel by the afternoon.
Prices at the pump continued to rise. The national average of gasoline prices rose to $3.03 on Thursday, according to the AAA, an automobile association, after exceeding the threshold of $3 per gallon for the first time since 2014.
Petrol futures withdrew on the news of the reopening of Colonial, as merchants anticipated a return to normal supplies. The contracts for the June delivery have slipped 7 cents to $2.08, their lowest level since April.
(Excerpt from the Epr review)