A Perspective into South Africa’s Fuel Supply Dynamics
For its more than fifty-five million people, South Africa’s transport sector is the live-wire underpinning economic and social development. Tied to the movement of...
Colonial Pipeline, the operator of the America’s largest fuel pipeline, fell victim to a cybersecurity attack on Friday 7 May that involved ransomware, forcing it to temporarily shut down all pipeline operations. Ransomware is a form of malware that encrypts a victim's files.
The attacker then demands a ransom from the victim to restore access to the data upon payment.
The attack on Colonial Pipeline means that there could be potential sporadic outages if a specific terminal was relying on a delivery in the coming days and is now delayed.
Click here to read the original article as reported on by Emma Newburger for CNBC.
For its more than fifty-five million people, South Africa’s transport sector is the live-wire underpinning economic and social development. Tied to the movement of...
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