5 takeaways from attack on Colonial Pipeline

The Colonial Pipeline, which transports about 45 percent of fuel consumed on the East Coast, shut down over the weekend due to a ransomware attack.

It carried out the shutdown to prevent hackers from accessing its operational technology.

On Monday, the company behind the pipeline said it would take “a phased approach” to restoring service and hopes to “substantially” restore its operations by the end of the week.

The attack stunned the Biden administration and the energy industry.