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After cyberattack

Colonial Pipeline has no plan to pay ransom to hackers

Washington - Colonial Pipeline does not plan to pay the ransom demanded by hackers who have encrypted its data, according to sources familiar with the company's response on Wednesday. The hack prompted a pipeline shutdown that is now in its sixth day and has led to panic buying and gasoline shortages in the southeastern United States

After cybersecurity attack

Colonial Pipeline halts all pipeline operations

New York - Colonial Pipeline, the largest U.S. refined products pipeline operator, has halted all operations after it fell victim to a cybersecurity attack on Friday, the company said. The company learned of the attack on Friday and took systems offline to contain the threat, it said in a statement. That action has temporarily halted operations and affected some of its IT systems, it said