Colonial Pipeline Attack Has Energy Companies Rushing to Secure Cyber Insurance

White storage tanks under a blue sky. Gasoline, oil, or other storage.

U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of ransomware attacks. The Colonial ransomware attack on May 7 shut the largest fuel pipeline network… Continue reading Colonial Pipeline Attack Has Energy Companies Rushing to Secure Cyber Insurance