FT News Briefing Colonial pipeline hackers didn’t mean to create problems, UK services’ Brexit struggles
May 11, 2021
Hackers behind the Colonial Pipeline attack claim they only wanted to profit, not disrupt. Meanwhile, tech stocks are feeling the heat as inflation fears rise. Vice Media dives into the streaming market in search of profitability. The UK’s service sector faces tough post-Brexit challenges, hampered by bureaucratic red tape that complicates exports to Europe. A band’s struggle to tour illustrates the real-world impact of these hurdles. Experts discuss the need for new trade agreements and diversification in services.
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Colonial Pipeline Hackers' Motive
- The Colonial Pipeline cyberattack disrupted fuel delivery, but the hackers, DarkSide, claim they only wanted money.
- The FBI's public naming of DarkSide is unusual and may indicate pressure to sanction Russia.
FBI's Attribution of Colonial Pipeline Attack
- The FBI publicly attributing the Colonial Pipeline attack to DarkSide is unusual.
- This might put pressure on the Biden administration to consider sanctions against Russia.
DarkSide's Unusual Apology
- DarkSide's apology for societal disruption is atypical for ransomware groups.
- Their supposed regret might be influenced by potential extortion payments from Colonial Pipeline.