Colonial Pipeline attack reveals the real-world impact of cybercrime

For many people, the recent ransomware attack on the Colonial Pipeline, a major supplier of petroleum products to the Eastern U.S., demonstrated the serious damage that these kinds of attacks can do.

In many past ransomware attacks, individual companies may have lost data, if they didn’t pay the ransom, but the greater public was largely immune to the effects. In some cases, customer data may have been compromised, some people would have had to change their passwords, and victim companies may have taken a financial loss, but that was the extent of the impact.

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