Cyber Security

The White House is urging the private sector to take ransomware crime seriously by ensuring corporate cyber defenses match the threat, while warning that "no company is safe" from being targeted.

If it seems like complex cyberattacks are happening more often and on a larger scale, that's because they are, according to cybersecurity experts.

The FBI attributed the attack on Brazil-based meat processor JBS SA to REvil, a Russian-speaking gang that has made some of the largest ransomware demands on record in recent months.

With easily accessible hacking tools and hard-to-trace financing amid the rise of cryptocurrency, cybercrime is soaring around the world, experts say.

The Metropolitan Transportation Authority in New York City says its systems were breached in April in what is now the fourth known mass cybersecurity hack in just one month.

The FBI identified ransomware group REvil on Wednesday as the entity responsible for the cyberattack that forced key US meat producer JBS to shut down all of its beef plants.

The JBS and Colonial Pipeline cyberattacks show that foreign criminal organizations are targeting critical industries and infrastructure in the U.S. 

FOX Business’ Stuart Varney on the JBS meat supplier hack and how Biden will handle current threats from foreign powers.

The JBS Foods hack is threatening to upend the meat production industry just three weeks after the Colonial Pipeline cyberattack caused gas shortages up and down the East Coast.

JBS USA CEO Andre Nogueira said Tuesday that he expects the “vast majority” of the company’s processing facilities to be operational within the next day following a cyberattack that forced the world’s largest meat producer to shut down all of its US beef plants.

The hack of JBS Foods, one of the largest meat producers in the world, could send meat prices higher in the near future.

A cyberattack impacting the world’s largest meat producer has significantly hurt processing capabilities in the United States, according to a report Tuesday.

The White House announced on Tuesday that JBS, the world’s largest meatpacker, has been hit with a ransomware cyberattack likely launched from Russia.