Energy supplies and critical infrastructure is not immune from attack!
On May 7th, 2021, Colonial Pipeline, the largest American oil pipeline system that carries 2.5 million barrels of fuel a day delivering 45% of what is consumed on the East Coast of the United States, was shut down by a ransomware attack.
The only surprise – is that anyone is surprised! First the SolarWinds and now this blatantly demonstrates the weak cybersecurity of critical national infrastructure. One thing is certain that we need a more advanced approach towards cybersecurity.
Ever since the Colonial Pipeline ransomware attack has become public knowledge, there has been panic fuel buying in the East Coast of the United States. Fuel prices have creeped up across the country, and 17 US States and Washington DC have declared states of emergency. CTV news quoted U.S. President, Joe Biden, “We need to invest to safeguard our critical infrastructure.” And Energy Secretary, Jennifer Granholm, said the attack “tells you how utterly vulnerable we are” to cyberattacks on the U.S. infrastructure.
Cyber threats are real and can turn catastrophic with the arrival of quantum computing. We can prevent these crippling cyberattacks by updating our approach to cybersecurity – becoming quantum-safe.
You need to act now!
We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.
IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.