• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 days The United States produced more crude oil than any nation, at any time.
  • 8 days e-truck insanity
  • 4 days How Far Have We Really Gotten With Alternative Energy
  • 8 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 7 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 7 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 8 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 8 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 12 days Bankruptcy in the Industry
Russia’s Crude Is Trading at $15 Above the Price Cap

Russia’s Crude Is Trading at $15 Above the Price Cap

Russia’s flagship crude grade is…

Brent Could Climb to $95 as Bullish Sentiment Builds

Brent Could Climb to $95 as Bullish Sentiment Builds

In an increasingly bullish oil…

U.S. Congress Passes Cyber Attacks Reporting Bill

The U.S. Senate passed on Thursday a cyber incident reporting bill requiring operators of critical infrastructure to report to the federal government incidents of hacks or ransomware payments.

Earlier this week, the House also approved the bill, which is now going to President Joe Biden to sign into law.  

“Thank you to Congress for passing the bill that mandates cyber incident reporting to the federal government. This is a huge step forward for our nation’s cybersecurity,” Secretary of Homeland Security Alejandro Mayorkas tweeted late on Thursday.  

Under the new legislation, operators of critical infrastructure—which includes energy infrastructure of all kinds—are mandated to report to the Cybersecurity and Infrastructure Security Agency (CISA) within 72 hours of a cybersecurity breach and within 24 hours if the operator has paid a ransom. 

“Put plainly, this legislation is a game-changer. Today marks a critical step forward in the collective cybersecurity of our nation,” CISA Director Jen Easterly said in a statement on Friday.

“CISA will use these reports from our private sector partners to build a common understanding of how our adversaries are targeting U.S. networks and critical infrastructure,” Easterly added.

Following several cyberattacks or attempts of such in recent months, and after Russia’s invasion of Ukraine, cybersecurity has come to the forefront of keeping critical infrastructure secure.

Several high-profile cyberattacks have occurred in the past year alone, including the major ransomware attack on the computer network of the key fuel pipeline for the U.S. East Coast, Colonial Pipeline. That cyberattack in May 2021 forced the pipeline operator to shut it down for five days. The cyberattack and the subsequent shut down of the pipeline resulted in fuel shortages, a run to gas stations, and a spike in U.S. gasoline prices.


A month after the Colonial Pipeline attack, U.S. Secretary of Energy Jennifer Granholm said there were malign cyber actors capable of shutting down the U.S. power grid or parts of it, calling for increased public-private cooperation in fending off cyberattacks.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News