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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
80/100

Date Published: 2021-05-13

Date Updated: 2026-04-29

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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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