Fraud Management & Cybercrime , Legislation & Litigation , Ransomware
Gas Stations as Well as Consumers Seek Damages Scott Ferguson (Ferguson_Writes) • June 23, 2021 Map of the Colonial Pipeline Co. operation affected by the May 7 ransomware attack (Source: Colonial Pipeline)Colonial Pipeline Co. now faces at least two lawsuits seeking class action status in the aftermath of a ransomware attack in May that led the firm to shut down the operations of a 5,500-mile pipeline for nearly a week.
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The latest lawsuit, filed Monday, claims the company lacked a cybersecurity program encompassing ransomware issues at the time of the attack, which led it to shut down pipeline operations serving much of the East Coast. It claims the company ignored warnings about cyber risks to interstate pipeline systems.
The lawsuit was filed on behalf of the owners of EZ Mart 1 LLC, a gas station in Wilmington, North Carolina, which buys its fuel from a distributor that's supplied by Colonial Pipeline. The law firm Morgan and Morgan, which has offices in Atlanta, is seeking class action status for its lawsuit so it can represent more than 11,000 other gas ..
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