$11M ransom paid to meat firm hackers


Sumary of $11M ransom paid to meat firm hackers:

  • JBS, one of the world’s biggest meat processors, has paid Bitcoin worth $11 million in ransom to hackers to prevent any further disruption after a paralyzing cyberattack believed to have originated in Russia..
  • A cyberattack in May forced the temporary shutdown of the huge Colonial fuel pipeline network in the eastern United States and sparked panic buying in some states..
  • The US Justice Department later recovered $2.3 million in Bitcoin, tracking the ransom payment as it moved through multiple anonymous transfers and eventually seizing it from a cryptocurrency wallet….

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