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2 mins read
The Biden administration is ramping up efforts to trace crypto used in cyberattacks and will offer bounties of up to $10 million for info
This White House initiative includes offering bounties of up to $10 million for information that wi…
Isabelle Lee  Â
2 mins read
Cryptocurrency-related cyberattacks jumped four-fold as the price of Bitcoin boomed between October and May
According to cloud-enabled security solutions provider Barracuda Networks, cybercriminals are ta…
2 mins read
Jim Cramer says he will buy bitcoin again if it falls to near $10,000 - a day after saying he sold nearly all his holdings
"I would go back in if I could get it at $10,000, $11,000, $12,000 - where I bought a lot [before],…
Isabelle Lee  Â
1 min read
Jim Cramer says he sold nearly all his bitcoin and that the cryptocurrency isn't going back up because of structural reasons including regulation and cyberattacks
Cramer cited China's tough stance toward cryptocurrency and the recent cyberattacks among his reaso…
Isabelle Lee  Â
2 mins read
Cryptocurrency owners say they want more government oversight of the market to combat ransomware, Harris survey shows
57% of crypto owners surveyed support additional regulation to combat the rise of ransomware attack…
Carla Mozée  Â
2 mins read
US senators urge stricter crypto regulation after a flood of ransomware attacks
Democratic Sen. Mark Warner of Virginia and Republican Sen. Roy Blunt of Missouri spoke with NBC's …
Isabelle Lee  Â
1 min read
JBS says meatpacking operations will be back to normal Wednesday after a ransomware attack over the weekend
The Brazil-based company was forced to shut down operations in the US and Canada after hackers atta…
Dominick Reuter  Â
2 mins read
Lawsuit accuses 4 largest meat processors of driving up beef prices by conspiring to curb number of slaughtered cattle
The defendants — Tyson Foods, JBS, Cargill, and National Beef — control more than 80% of the US bee…
Erin Snodgrass  Â
3 mins read
Major meat companies lied about impending shortages to keep workers on site at the height of the pandemic, a House committee says
Meatpackers knew they were hotbeds for coronavirus transmission but lied about shortages to keep wo…
Grace Dean  Â
1 min read
The White House is reportedly getting ready to roll out measures to combat the use of crypto in ransomware attacks
Colonial Pipeline and JBS were among this year's victims of high-profile ransomware attacks.
Carla Mozée  Â
3 mins read
Big meat companies are making your grocery trip more expensive, not inflation, a White House report says
Prices for beef, pork, and chicken have skyrocketed in recent months. The White House thinks it's c…
Bartie Scott,Andy Kiersz  Â
1 min read
What you need to know about REvil - the hacking group that extorted hundreds of companies - in one minute or less
REvil, a Russia-based hacking group, has launched ransomware attacks against hundreds of victims, i…
Heather Schlitz  Â
2 mins read
Cattle markets have been upended, and big meat producers are making 20 times normal margins as beef prices soar
Grocers, smaller ranchers, and some members of Congress are alleging that the four biggest meatpack…
Ethan Wu  Â
5 mins read
Cyberattacks have hit at least 17 targets in the US since March, from local governments and schools to major meat and oil suppliers. Here's the full list.
President Biden is expected to address cyberattacks with Russian President Vladamir Putin during th…
Connor Perrett  Â
6 mins read
Major cyberattacks have rocked the US, and there are 'a lot of different ways that ransomware actors can disrupt everyone's lives,' experts say
In addition to attacks on Colonial Pipeline and meat producer JBS, hackers have targeted local gove…
Connor Perrett  Â
1 min read
The world's biggest meat processor has paid an $11 million ransom after a cyberattack
JBS said it was hit by a cyberattack on May 31, and that it so far doesn't have evidence that any d…
Sinéad Baker  Â
1 min read
The White House is urging private companies to take the threat of cyberattacks seriously as ransomware hacks 'have increased significantly'
In a memo to corporate executives and business leaders, the White House says the private sector has…
Dominick Reuter  Â
2 mins read
The FBI accused Russia-linked agents of hacking the world's largest meat processor, saying it was 'working diligently to bring the threat actors to justice'
JBS said it was the victim of a ransomware hack on Sunday that forced it to shut down work at sever…
Bill Bostock  Â
2 mins read
A cyberattack targeting the world's largest meat supplier was perfectly timed to add a new layer of industry chaos
A cyberattack on the largest meat supplier in the world came at a potentially catastrophic time for…
Kate Taylor  Â
1 min read
Up to one-fifth of US beef and pork capacity may be shut down after the ransomware attack on JBS, the world's largest meat processing company
A cyberattack on JBS has forced a shutdown of operations in the US, halting production and cancelli…