The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on May 08, 2021, 04:52:59 PM

Title: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 08, 2021, 04:52:59 PM
You can ransom our governments or hospitals, but this is too much!

https://www.bloomberg.com/news/articles/2021-05-08/u-s-s-biggest-gasoline-and-pipeline-halted-after-cyberattack
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 09, 2021, 10:27:04 PM
White House is involved.  Sec. of Commerce says "All Hands On Deck!"

U.S. Waives Trucker Limits to Haul Fuel Amid Pipeline Shutdown - BNN Bloomberg
https://www.bnnbloomberg.ca/u-s-waives-trucker-limits-to-haul-fuel-amid-pipeline-shutdown-1.1601462
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 10, 2021, 03:05:34 AM
<+>
U.S. declares state of emergency over Colonial pipeline shutdown - CGTN

https://news.cgtn.com/news/2021-05-10/U-S-declares-state-of-emergency-over-Colonial-pipeline-shutdown-108R5zDzXXi/index.html
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 11, 2021, 05:11:25 PM
FBI Names Russian Group 'Darkside' As Suspects
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: ergophobe on May 11, 2021, 06:32:59 PM
Quote from: rcjordan on May 10, 2021, 03:05:34 AM
U.S. declares state of emergency

https://en.wikipedia.org/wiki/List_of_national_emergencies_in_the_United_States

When you add this one, Biden has declared as many states of emergency as Roosevelt, who managed to make it through over 3 terms, the Great Depression and WWII with only three. Less than 1/term

Trump - 7/term (5 still in effect)
Obama: 6/term (10 still in effect)
Bush: 6.5/term (11 still in effect)
Clinton: 8.5/term (6 still in effect)
Bush: 5/term
Regan: 3/term
Carter: 2/term (1 still in effect - Iran)

------ What happened here? ----

Ford: 0
Nixon: 1/term
Johnson, Kennedy, Eisenhower: 0
Truman: 0.5/term (Korea)

The big break point is 1976. Why?
https://en.wikipedia.org/wiki/National_Emergencies_Act signed by Ford in September 1976 which, in theory, was designed to limit the use of emergency powers, but essentially made them standard executive management measures for all manner of things that fell well short of WWII or the Great Depression (or Covid or Sept 11 attacks).

The ICC threatens to investigate war crimes by US military? That's a national emergency and you could have your property seized if you were to lend support to a member of the ICC.
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: Travoli on May 11, 2021, 09:37:31 PM
I'm supposed to drive from TX --> VA this weekend.
Place your bets on whether I'll chicken out, or how far I'll get.
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 11, 2021, 09:44:17 PM
>weekend

Reports from NC news sites say that the urban Triangle area is essentially dry.  Some locals pinged me yesterday and said they were waiting in lines for the the last gas in Hertford, NC.  If podunk Hertford is tapped out, I think you'll only get as far as your first tank.
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 11, 2021, 10:15:13 PM
<+>

Colonial Faces Day of Reckoning Amid Expanding Gasoline Crisis - Bloomberg

https://www.bloomberg.com/news/articles/2021-05-11/gas-stations-run-dry-as-pipeline-hacking-will-take-days-to-fix

Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: Drastic on May 11, 2021, 10:28:24 PM
So it seems people panicked over this due to emergency declarations. Stations here are out.
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 13, 2021, 01:46:07 PM
Yawn. Watch us do nothing.

Colonial Pipeline hack 'wakeup call' on U.S. cyber vulnerability: Buttigieg
https://www.cnbc.com/2021/05/13/colonial-pipeline-hack-wakeup-call-on-us-cyber-vulnerability-buttigieg.html

<+>

As I suspected.

Colonial Pipeline paid hackers nearly US$5M in ransom - BNN Bloomberg
https://www.bnnbloomberg.ca/colonial-pipeline-paid-hackers-nearly-us-5m-in-ransom-1.1603285

Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on May 27, 2021, 02:35:38 PM
US announces new security directive after critical pipeline hack
https://www.bleepingcomputer.com/news/security/us-announces-new-security-directive-after-critical-pipeline-hack/
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: ergophobe on June 04, 2021, 09:24:06 PM
Every successful business should diversify its revenue streams...

Ransomware attack hits another massive, crucial industry: Meat
JBS Foods, the world's largest meat producer, is going back online after a brief partial shutdown.
https://www.vox.com/recode/2021/6/1/22463179/jbs-foods-ransomware-attack-meat-hackers
Title: Re: Ransomware Cyber-Attack Shuts Down Biggest Gasoline Pipeline in U.S. - Bloomberg
Post by: rcjordan on July 07, 2021, 04:11:53 PM
Bwwaahahahaha!  Companies keep buying off-the-shelf, stock programs and then cry for gov help when they're compromised en masse.  Hell, we can't even stop robocalls.

Ransomware attacks: Pressure grows on Biden to curb costly hacks - The Washington Post
https://www.washingtonpost.com/national-security/ransomware-biden-russia/2021/07/06/ff52a9de-de72-11eb-b507-697762d090dd_story.html