Benzinga | Jun 2, 2021 02:40PM EDT

President Biden to Discuss Ransomware Attack Solutions with Putin at June 16 Geneva Meet: Reuters

* President Joe Biden reviewed the ransomware threat and will discuss with Russian President Vladimir Putin for a feasible solution at a Geneva meeting on June 16, Reuters reports.

* The attack on the Brazilian meatpacker JBS's facilities in the U.S. marked the third ransomware attack in the country since Biden's Presidency in Jan. 2021.

* JBS hinted the attack origin to a Russian criminal organization.

* The Presidents are expected to discuss the issue as Biden has recognized the importance of the Russian government's role in preventing such attacks, White House press secretary Jen Psaki said.

* The Justice Department (DOJ) formed a task force to restraint the ransomware cyberattacks.

* The Biden government has prioritized cybersecurity funding to counter the multiple attacks.