US looking into role of cryptocurrencies in cyberattacks

Mandeep Sethi 05 Jun 2021 99

The Biden administration is looking into the role of cryptocurrencies in recent cyberattacks, report says..

The US government is examining cryptocurrency's role in recent hacks that have disrupted important US industries including healthcare, fuel and food, WSJ reported. The move came after a cyberattack caused meat processor JBS SA to pause production at US and Australian plants. That incident followed last month's hacks of Colonial Pipeline Co. and Scripps Health in San Diego.

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