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Recode Daily

The Colonial Pipeline, hacked

Recode Daily

Recode

Society & Culture, Science, Technology

4.61.3K Ratings

🗓️ 12 May 2021

⏱️ 8 minutes

🧾️ Download transcript

Summary

Last week, a major US oil pipeline was hacked and held for ransom. The Colonial Pipeline shut down in an effort to stop the hackers, causing a major disruption in the oil industry. The pipeline serves 14 states, and stretches from Texas to New Jersey. If shut down long enough, gas prices could rise amid fuel shortages. But why would hackers target an oil pipeline? Recode’s Sara Morrison (@saramorrison) explains. References: Read Sara’s story about the pipeline here. Enjoyed this episode? Rate Recode Daily ⭐⭐⭐⭐⭐ and leave a review on Apple Podcasts. What do you want to learn about on Recode Daily? Send your requests and questions to recodedaily@recode.net. We read every email! Subscribe for free. Be the first to hear the next episode of Recode Daily by subscribing in your favorite podcast app. Learn more about your ad choices. Visit megaphone.fm/adchoices This episode was made by: - Host: Teddy Schleifer (@teddyschleifer) - Producer: Sofi LaLonde (@sofilalonde) - Engineer: Paul Mounsey Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:41.4

Last week on the East Coast, a major oil pipeline was attacked with ransomware.

0:47.3

The biggest fuel pipeline system in the United States remains crippled by a cyber attack that's

0:52.8

been called the worst of its kind in the US. This is America's energy artery, arguably. It is

0:59.1

the single most important pipeline in the United States. 45% of the fuel product used on the East Coast

1:07.3

comes via the colonial pipeline. 14 states, 7 major airports. This is a big deal. Veterans

1:15.3

cybersecurity experts say the scope is unprecedented. The attack might be the largest ever on energy

1:23.4

system in the US, and the Biden administration has even declared a state of emergency in the region

1:28.5

to help keep oil moving. The Department of Energy is working directly with colonial to get the

1:34.6

pipelines back online and operating at full capacity as quickly and safely as possible.

1:41.3

But why would a cyber attack target an oil pipeline in the first place?

1:49.3

Here to explain is recode Sarah Morrison. Hey, Sarah. Hey, Daddy.

1:52.4

So this is a developing story we're talking Tuesday afternoon, but tell us what we know right now

1:57.5

about this cyber attack with what's called the colonial pipeline. Right, so we are looking at what

2:03.6

appears to be the largest successful cyber attack on an American energy system, as well as

2:08.8

another example of how vulnerable these important companies and services are and will continue to be

2:14.0

if more steps aren't taken to protect them. But the quick summary is that this colonial pipeline

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