By Daniel Hale, PhD
May 30, 2021, 1:30pm EDT
ALABAMA--The United States’ largest fuel pipeline was crippled after a cybersecurity attack in May 2021. This incident comes on the heels of a proposal by Sen. Elizabeth Warren that creates criminal liability for what she describes as “any corporate executive who negligently oversees a company causing severe harm to U.S. families.” This bill proposes the possibility of jail time for execs of companies that fail to protect consumers from certain kinds of data breaches. The Colonial Pipeline ransomware attack forced all pipeline operations to stop. An organized crime group known as DarkSide is thought by U.S. officials to be responsible for the attack.
“The parties who were damaged, how they were damaged and what precautions Colonial can prove they took to prevent such damage will determine the extent of personal liability on the part of Colonial Pipeline Co. CEO, Joseph Blount.” says TEMVI managing director Thomas View.
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