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What to know about the Colonial Pipeline cyberattack

May 12, 2021 00:00 AM UTC
- Updated May 12, 2021 15:26 PM UTC

The forced shutdown was a ‘ransomware’ crime.

Transcript
Mhm. Mhm. The details regarding the actual incident are being currently investigated by the FBI. Um Colonial has noted um in their public statement that they've worked to control the spread of the ransomware and are actively working to bring back up their network and their at the remediation phase. And we are happy to see the important progress that they made their. We have efforts underway with the FBI and Doj Department of Justice to disrupt and and prosecute ransomware criminals. And my administration will be pursuing a global effort of ransomware attacks by transnational criminals who often use global money laundering networks to carry them out.