Pipeline Companies Face 7K A Day Fines If New Biden Ransomware Directives Ignored
Those who don’t comply with the order could face fines starting at $7,000 a day. Department of Homeland Security (DHS) officials said the security measure predates the May attack on Colonial Pipeline and is part of an overall administrative emphasis on cybersecurity. The directive would also require pipeline owners and operators to report any cyberincidents to the federal government, with a cybersecurity coordinator on hand to work with authorities should another attack like the one on Colonial occur....