Colonial Pipeline and the Economics of Ransomware
ID: a27b59ef-eadb-50ec-b4ec-3fc162e01016
STIX ID: report--a27b59ef-eadb-50ec-b4ec-3fc162e01016
Feed Name: ReliaQuest Blog
Threat Score
The report details the DarkSide RaaS ransomware attack against Colonial Pipeline (which supplies ~45% of the U.S. East Coast's fuel), noting FBI attribution to DarkSide, the group's RaaS model and target-vetting claims, and emphasizing that ransomware impacts extend far beyond ransom payments — including insurance, incident response, legal, communications, IT support, and business continuity costs — and recommends layered defensive and response controls.
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