Colonial Ransomware Attack to Put Cybersecurity in the Spotlight Colonial Ransomware Attack to Put Cybersecurity in the Spotlight By Andy Wright & Cathy Landry Andy Wright / Wednesday, May 26, 2021 0 1792 The Colonial Pipeline outage came amid a wave of new cyberattacks, with several more sophisticated and far-reaching than ever before. Over the past year, roughly 2,400 ransomware attacks have hit corporate, local and federal offices. Read more
Terminal Industry Prepares for Active Hurricane Season with Drills, Plans Terminal Industry Prepares for Active Hurricane Season with Drills, Plans Cathy Landry / Friday, May 21, 2021 0 1129 The National Oceanic and Atmospheric Administration’s Climate Prediction Center yesterday forecasted a more-active-than-normal hurricane season this year. Thankfully, the members of the International Liquid Terminal Association were already prepared with drills, emergency preparedness plans and ongoing communications with government, emergency response and industry partners. The Atlantic hurricane begins June 1 and extends through November 30. Read more
Recent Colonial Pipeline Outage Highlighted Several Operational Issues for Terminals Recent Colonial Pipeline Outage Highlighted Several Operational Issues for Terminals Cathy Landry / Tuesday, May 18, 2021 0 1629 The recent ransomware attack that brought Colonial Pipeline – and nearly the entire East Coast petroleum product supply chain – to its knees highlighted operational issues where the terminal industry could help overall fuel supply resilience with assistance from regulators. Read more
Congressional Democrats Introduce Climate Disclosure Legislation Congressional Democrats Introduce Climate Disclosure Legislation Andy Wright / Friday, May 14, 2021 0 1386 Senator Elizabeth Warren (D-MA) and Representative Sean Casten (D-IL) on April 15 introduced the “Climate Risk Disclosure Act” to mandate that publicly traded companies disclose climate-related metrics under the supervision of the Securities and Exchange Commission. The SEC is currently working on a similar administrative mandate that is expected to be released soon. The legislation is intended to codify the new SEC rule and protect it against legal challenges or a future Republican-controlled SEC effort to overturn it. Read more
Senate Republicans Release Infrastructure Counter Offer that Democrats Snub Senate Republicans Release Infrastructure Counter Offer that Democrats Snub Cathy Landry / Tuesday, May 11, 2021 0 1348 Senate Republicans on April 22 released a $568 billion infrastructure proposal to counter the $2 trillion-plus plan unveiled by President Biden early this month. But Congressional Democrats have made it clear they are not on board. Read more