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The Colonial Pipeline Ransomware attack is just the first of many major attacks on American infrastructure to come in the next few years. This is a really important story and it’s not being discussed in the right context because it’s a technical story. My hope is to break down what’s really going on here and show you how technological innovation and new business models have led to the proliferation of these attacks.

KEY SOURCES:
FireEye Threat Report: https://www.fireeye.com/blog/t....hreat-research/2021/

ABOUT COLONIAL PIPELINE:
The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. The pipeline is 5,500 miles long and can carry 3 million barrels of fuel per day between Texas and New York.

It is operated by Colonial Pipeline Company which is headquartered in Alpharetta, Georgia. The company was founded in 1961 and construction of the pipeline began in 1962.

Colonial had seven spills in four years in the late 20th century, three of which (1996 to 1999) caused significant environmental damage to waterways in the Southeast. In 2020, Colonial had one of the largest gasoline spills from a pipeline ever, at 1.2 million gallons, in a nature preserve in Huntersville, North Carolina. In 2021, Colonial was the subject of a malware cyberattack that forced a shutdown of their operations.

ABOUT JOHN COOGAN:
I am the co-founder of http://soylent.com and http://lucy.co, both of which were funded by Y Combinator (Summer 2012 and Winter 2018).

I've been an entrepreneur for nearly a decade across multiple companies. I've done a lot of work in silicon valley, so that's mostly what I talk about. I've raised over 10 rounds of venture capital totaling over $100m in total funding.

I work mostly in tech-enabled consumer packaged goods, meaning I use software to make the best products possible and then deliver them to the widest possible audience. I'm a big fan of machine learning, python programming, and motion graphics.

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The Saga of Naval Ravikant (Founder of AngelList) -
https://youtu.be/BtLFa9pEaDo
The Saga of Chamath Palihapitiya (SPAC Investor) - https://youtu.be/KFslVD3t_Oo

CONTACT:
You can get in touch with me via Twitter: https://twitter.com/johncoogan

DISCLAIMER:
This video is purely my opinion and should not be regarded as a primary source. I am not a financial advisor and this is not a recommendation to buy or sell securities. Always do your own due diligence.