World’s largest meatpacking company, JBS disclosed it paid $11 million in Bitcoin to hackers who organized a ransomware attack against its computer systems

The United States Department of Justice announced on Monday 7th the recovery of $2.3 million worth of Bitcoin connected to the Colonial Pipeline ransomware attack which took place in May of 2021. The recovered funds represent more than half of the ransom paid by Colonial Pipeline to the group known as DarkSide, which demanded more [...]

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The Department of Justice (DOJ) announced the recovery of ransom payments of 63.7 Bitcoin (BTC) valued approximately at $2.3 million, made by Colonial Pipeline to the group known as DarkSide.

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Ransomware has been around for decades, but trust political figures to blame crypto for its rise.

The post U.S. Senator blames crypto for rising ransomware attacks appeared first on CryptoSlate.

U.S. meat processing giant JBS SA was forced to stop its meat plant operations in the U.S. and Australia because of a ransomware attack on their systems.  The latest incident highlights the risks that no one is safe from the rapid sophistication of cyberattacks, including large companies. With the recent cyberattack on JBS, the U.S. […]

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