TODAY IN ENERGY HISTORY

May 7, 2025

RANSOMWARE ATTACK!

On May 7, 2021, Colonial Pipeline, the operator of the largest fuel pipeline in the U.S., suffered a ransomware attack by the Russian-linked group DarkSide. The attackers stole approximately 100 gigabytes of data and deployed ransomware that led the company to shut down its pipeline operations as a precaution.

This shutdown disrupted fuel supplies across the East Coast, causing panic buying and shortages in several states. In response, Colonial Pipeline paid a ransom of about $4.4 million in Bitcoin to the hackers, hoping to quickly restore its systems. However, the decryption tool provided by the attackers was reportedly slow, and the company relied on its own backups for recovery. Subsequently, the U.S. Department of Justice recovered approximately $2.3 million of the ransom by tracing and seizing part of the cryptocurrency payment. The incident prompted federal actions, including a state of emergency declaration and the issuance of Executive Order 14028 to enhance national cybersecurity measures.

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