JBS, the world’s largest meat processor, there’s a relatively safe way to extort companies: cryptocurrencies. “Cryptocurrency provided the perfect answer to allowing hackers to prey on their victims and extort unlimited and anonymous cash payments while completely minimising their exposure of being caught by law enforcement,” programmer and writer Stephen Diehl explained in a recent
Twitter thread. It’s never been easier to hack a company, get paid for it, and escape scot-free.
JBS had to shut down nine beef plants in the United States on Tuesday, disrupting the larger food market. (Some of the plants slowly
began coming back online on Wednesday.) This is just the latest corporate behemoth to be targeted with ransomware. Last month, an
Read more about They hit you hard : How DarkSide became powerhouse of ransomware attacks on Business Standard. Cybergang s targeting of US pipeline owner casts spotlight on a rapidly expanding criminal industry based primarily in Russia.
Business Highlights: Jobless aid, Biden s budget
The Associated Press
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More jobless getting aid than in past even as cutoffs loom
WASHINGTON (AP) Far more Americans are receiving unemployment benefits than the last time the jobless rate was at the current 6.1%, thanks to a major expansion of the federal safety net that has provided aid to millions of people out of work. Yet many businesses and Republican officials say all that jobless aid has contributed to worker shortages in some industries, which is why most GOP-led states are moving to cut off the federal support. About 15.8 million people received unemployment aid through one of several benefit programs during the week of May 8, the latest period for which data is available.