Jun 10th, 2021

JBS Paid $11 Million in Bitcoin to Hackers

JBS USA has confirmed it paid the equivalent of $11 million in bitcoin to hackers that targeted and crippled its business last week. Separately, U.S. regulators have slammed Colonial Pipeline Co.’s cybersecurity practices after it paid $4.4 million in bitcoin in its own ransomware attack. Bloomberg’s Kartikay Mehrotra reports on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)