Colonial Pipeline Hit With $1 Million Fine for Ransomware Attack
The Department of Transportation Pipeline and Hazardous Materials Safety Administration have proposed a compliance order that would require Colonial Pipeline to pay $986,400 to resolve probable violations of federal pipeline safety regulations, arising from last year's ransomware attack. “The 2021 Colonial Pipeline incident reminds us all that meeting regulatory standards designed to mitigate risk to the public is an imperative,” said PHMSA Deputy Administrator Tristan Brown in a press release Thursday.
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