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It said it had notified law enforcement and other federal agencies. Colonial’s 5,500 miles of pipelines carry fuel from refineries on the Gulf Coast to customers in pop over here the southern and eastern United States. It says it transports 45 percent of the fuel consumed on the East Coast, reaching 50 million Americans. The company learned of the attack on some of its “information technology” or corporate network systems Friday, but “proactively took certain systems offline to contain the threat,” it said. In addition to contacting federal officials and law enforcement, it has also hired a cybersecurity firm to investigate the incident. The company did not immediately respond to a request for comment on U.S. officials saying it was a ransomware attack. The U.S. officials and experts in industrial control security said such attacks are more common than publicly known and that most just do not get reported. “There are absolutely cases in industrial operations where ransomware impacts operations,’’ said Robert M. Lee, CEO and cofounder of Dragos, a major cybersecurity firm that handles incidents in the industrial control sector. “Oftentimes, though, that impact isn’t the impact that gets news media attention. They may not be to the level that this case is, but there are lots of industrial control companies that are battling ransomware around the United States.” The Cybersecurity 202: Lawmakers scramble for legislative solutions to a growing ransomware crisis The trend “exploded” in the last three years after the WannaCry and NotPetya computer worms showed cyber criminals how targeting operational and industrial control systems are “more likely” to make companies pay out, Lee said. Most of the cases he’s seen in the United States have been conducted by criminals—not foreign governments, he said. “The last few years have been incredibly busy” because of the proliferation of vulnerabilities in firewalls and virtual private networks have allowed ransomware criminals to gain access to networks at an unprecedented scale, he said Mike Chapple, a cybersecurity expert at the University of Notre Dame and a former computer scientist at the National Security Agency, said the shutdown of pipeline infrastructure indicated that the attack was either very sophisticated or that Colonial’s systems were not well secured. Colonial did not immediately respond to request for comment on the suggestion that its systems were not well secured. “This pipeline shutdown sends the message that core elements of our national infrastructure continue to be vulnerable to cyberattack,” Chapple said. Prices for refined oil products are slumping on the Gulf Coast because of the shutdown. Analysts say that depending on how long the pipelines are out of service, prices for gasoline and jet fuel could rise in the New York area, as they did in 2017 when a hurricane forced a shutdown.

https://www.washingtonpost.com/business/2021/05/08/cyber-attack-colonial-pipeline/

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Their lumber yard has seen a 60% increase in people picking up material since the pandemic started. “It’s the craziest I've seen it here and I've been here about 15 years,” said Michael Leon, owner of Burke & Pace. “Every homeowner is at home looking at their fence that they wanted to repair, their decks, their remodel, their additions.” Leon says customers have been wiping them out of plywood, OSB, 2x4s, and fencing. “It's just driven that demand through the roof and the mills couldn't keep up with it originally and now it's like every two weeks you're seeing a huge jump in pricing,” Leon said. A 2x6 last year cost .70 cents a foot. Today, it’s $1.43. A 4x8 sheet of plywood went up from $20.25 to $60.50. To put it into perspective, 100 feet of fence that would have cost $800 a year ago is now closer to $1,400. “Lumber prices is a challenge on the scale that we haven't seen in at least modern history in the construction industry,” said Chad Robertson, owner of Robertson Builders. Robertson says material used to be 1/2 to 2/3 of the cost of labor. “Now we're seeing the material price more than the labor price and that's something we've never seen before,” Robertson said. Leon adds that the increase in prices also has to do with the tariffs on imported goods. Ninety percent of OSB is from Canada. But most of the lumber from Leon’s yard is sourced from mills in Humboldt County, Oregon, and Washington. “The demand is there and these mills can just charge whatever they want to now because we're buying it,” Leon said. Lumber is not the only material that’s recently gone up. Just about every aspect of building has increased including steel, doors, windows, and tile. Copyright 2021 Scripps Media, Inc.

https://www.ksby.com/news/local-news/rising-lumber-prices-affecting-new-home-construction-renovation-projects