BITCOIN SLUMPS 7% AS US JUSTICE DEPARTMENT SEIZES $2.3 MN OF COLONIAL PIPELINE RANSOM

Highlights

• Deputy Attorney General Lisa Monaco said investigators managed to 63.7 bitcoins valuing about $2.3 million currently

• The bitcoin which initially went up to $60,000 plunged to nearly $30,000 last month

The impact of the US Justice Department s...

HACKERS BEHIND JBS USA CYBERATTACK LIKELY FROM RUSSIA SAYS U.S.

Highlights

• JBS, which happens to be the world's largest meatpacker, said on Tuesday that it had made "significant progress in resolving the cyberattack." 

• The US contacted Russia's government and that the FBI was investigating said the Whit...

PRESIDENT BIDEN SAYS HE WILL TAKE CYBERATTACKS ISSUE WITH RUSSIAN PRESIDENT PUTIN

Highlights

• President Biden said “I’m going to be meeting with President Putin. So far there’s no evidence from our intelligence people that Russia is involved”

• Recently a major US energy pipeline company was forced to stop all pipeline ope...

US GAS PIPELINE COMPANY SAYS IT WAS FORCED TO HALT PIPELINE WORK AFTER A CYBERATTACK

Highlights

• Colonial Pipeline issued a statement where it said that the attack took place Friday and also affected some of its information technology systems

• In a statement issued on Friday, the company said “Colonial Pipeline is taking steps to understand a...