biden is out with strong rhetoric ahead of the geneva summit let's go to eamon javers in switzerland this morning eamon. >> reporter: good morning, brian. take a live look at brussels we expect to see president biden any moment now meeting with king philipe and the prime minister of brussels. in the room where you see the u.s. and belgium flags this is a diplomatic bilateral session following up from the nato session where the nato leaders gathered and addressed two big threats to the world as they saw it. one is the threat of the rise of china which is concerning for the first time and the aggressiveness of russia which represents a threat to the nato alliance the president was asked to preview in his press conference his meeting with vladimir putin on wednesday the president said he is not looking for conflict there here's what he said. >> i'm going to make clear to president putin that there are areas we can cooperate, if he chooses and if he chooses not to cooperate, then we will respond. we will respond in-kind. >> reporter: he was asked about some of the criticism he is meeting

we have the latest with eamon javers good morning >> reporter: good morning, dom the president is innd in the uk with the g7 where they took the family photo of the world leaders. this event was about who wasn't there as who was there this addressed to china and russia obviously not part of the g7 over the weekend a lot of it was about the answer of former president trump and reemergence of the united states on the global stage. the g7 communique came up with a couple of deliverables you look at the items they agreed on. providing 870 million vaccine doses to poorer countries. they endorsed a global minimum tax and called on all states to urgently identify and disrupt ransomware and reaffirm the call on russia to stop destabilizing criminal activity. it was the minimum tax that attracted president biden's attention. he suggested he may pursue something similar at home. >> so many corporations are engaged in tax havens. deciding pay less than others around the world this will make sure there is a minimum tax and i'll move on this at home as well minimum tax for corporations for the pr

russian president vladimir putin in geneva, in about an hour from now, you know who is there, eamon javers is there, he joins this morning, good morning, eamon. >> reporter: good morning, andrew, it's a beautiful summery day in geneva alongside the lake and we do expect to see president biden and vladimir putin at 1:00 p.m., as we take a look at the live picture of the villa la grange, that's the 18th century mansion on the shores of lake geneva, they've just been out vacuuming that red carpet within the past hour or so we do expect the two men arriving in sequence a carefully choreographed diplomatic dance will happen here, vladimir putin will arrive first and then joe biden this villa, interestingly enough is the site of the 1854 one of the first international meetings of the red cross this has a history of an international meeting place, this biddined by building wheren will be. they'll have about 4 1/2 hours together inside the building talking to their aides and whatnot. we don't expect the two men to be alone at any point during this we do expect they'll hold their own individual new

kate rooney is looking at that side of the story, but let's begin with eamon javers with the latest onard just today directly from colon kwan pipeline's ceo he testified before congress saying his company reached out to law enforcement within hours of the attack and the decision to pay the ransom was the toughest decision of his career, but necessary for the good of the country. >> we already started to see pandemonium going on in the markets, people doing unsafe things like filling garbage bags full of gasoline oar people fist fighting in line at the fuel pump the concern would be what would happen if it had stretched on beyond that amount of time >> reporter: yesterday, we learned a portion of the ransom has already been recovered by law enforcement. this coming in from the department of justice, yesterday, that these seized d 63.7 bit coins ransom payment, and tracked the bitcoin transfers. the fbi we now learned has the so-called private key to an address where those proceeds were transferred now, how exactly the fbi acquired that private key is not known publicly, and the fbi decl

eamon javers was in geneva with the takeaways from the summit with vladimir putin. >> reporter: thisesident biden and putin. we saw this back in 1985 with reagan and putin we saw none of that yesterday with biden and putin it was all business until biden suggested finding common areas of interest. not building a personal relationship here is what he said >> we should cooperate where it is in our mutual interest. where we have differences, i want president putin to understand why i say what i say and why i do what i do >> reporter: for his part, vladimir putin denied that russia was the biggest source of cyber insecurity in the world. he said the largest perpetrator in the world is the united states, not russia he denied a lot of the allegations on the scene and made allegations back against the united states case on case on human rights and a number of other issues he said the negotiations had been positive. >> translator: talks were quite constructive as with cybersecurity, we reached an agreement to start negotiations on that. i think that is extremely important. >> reporter: so ma

eamon javers has the latest. eamon? >> jon, a gas hack now a meat hack company jbs usa.iar with the company but they own a significant production of the meat in the united states. details put out about this cyber attack saying the attack hit servers supporting north american and australian i.t. systems. good news from the company, they say they're back up servers were not affected as part of this might help them get up and running more quickly, but still say all of this may delay certain transactions with both customers and suppliers. so we'll wait for more detail from the company including what type of cyber attack this was. we don't have a lot of information here don't even know, for example if it was a ransom ware attack and if they're negotiating with the hackers over the price of ransom they might have to pay we'll wait for more detail from the company on all of that as we wait to see whether this has significant impact on their business as of right now, the backup servers weren't affected >> a little optimistic thinking here, maybe, as they try to get this thing up

eamon javers has more on what to expect in day two of these hearings, good morning, eamon. >> reporterseph blount went to the hearing on one, a decision to shut down the colonial pipeline, why he made that call. and then, two, why he made the controversial call to simply pay off the hackers here millions of dollars going to an american company to a criminal organization senators wanted answers on all of that. he laid out in the worst case scenario how bad things were on the east coast and how bad they might become here's what he said. >> we already started to see pandemonium going in the markets people doing unsafe things like load garbage bags with gasoline. people fighting at the fuel pump the concern is what would happen if it stretched beyond that amount of time >> reporter: he also said he was worried about the availability of jet fuel for travel and concerned about availability of fuel for police, fire, all up and down the east coast. that is why he made the decision to simply pay off the hackers and get the crypto key back in order to unlock his system he said that key ultimatel

we'll get to eamon javers a little later jon?> yes, indeed meanwhile tim cook at the bottom of the hour. a legacy in health after tbreak. >>> first, canaccord calls coy the supereverything to crypto. notice the q2 weakness is telegraphed. stay with us more "techcheck" after the break. ♪ when i was young ♪ no-no-no-no-no please please no. ♪ i never needed anyone. ♪ front desk. yes, hello... i'm so... please hold. ♪ those days are done. ♪ i got you. ♪ all by yourself. ♪ go with us and find millions of flexible options. all in our app. expedia. it matters who you travel with. wondering what actually goes into your multivitamin? at new chapter, expedia. its' innovation, organic ingredients, and fermentation. fermentation? yes. formulated to help you body really truly absorb the natural goodness. new chapter. wellness, well done. zero-commission trades for online u.s. stocks and etfs. and a commitment to get you the best price on every trade, which saved investors over $1.5 billion last year. that's decision tech. only from fidelity.

all of this ahead of the one-on-one meeting with vladimir putin on wednesday eamon javers live from geneva with the latest for us eamon? >> yeah, hi, kelly take a look inside right now the briefing room in brussels. this is where we expect to see president biden momentarily. reporters are gathered there now waiting to see what the qulout come was from this meeting he had with turkish president erdogan. there you see some of the video of that meeting earlier just a short time ago reporters were allowed in for what they call a pool spray. it was the quickest pool spray i have ever seen president biden said he wasn't going to say anything in particular after that. that raises the question of what happened in that meeting and what were the particular takeaways from it. and you can be sure that reporters in brussels are going to ask biden about exactly that. so much tension points in this relationship, particularly about who's buying what military hardware from which country. there's a dispute over turkey's push of the russian 16s-400 missiles and then of course there's the u.s. removal of turk

washington correspondent eamon javers now we're already seeing the fallout from this hack. >> absolutely we are, carl at the company's biggest plant in colorado, cyber attack today forced the cancellation of two shifts that idled thousands of workers on what should be a big back-to-workday. beef and pork production for the entire country u usda released daily livestock slaughter figure this is afternoon, showing a 22% decline in cattle and 19.6% decline in hogs processed tuesday versus what happened a week ago that makes this cyber attack a strike against the nation's potential food security and more worrying than the usual hacker mayhelm. >> when you're stopping these meat processing plants, when they can't produce the food we all eat in this case meat, that is a major threat to our way of life not just here in the united states but really around the world. >> officials said the white house offered assistance to jbs and usda has been in contact with the company several times the department of homeland security is offering technical support. a white house spokeswoman said today the biden

let's bring in eamon javers in geneva give us the highlights from president putin.n. >> president putin suggested it was a constructive engaging conversation between the two leaders, scott, the president suggesting both leaders agreed to exchange ambassador remember they had suspended their ambassador from each other's capitols now he says they will exchange ambassadors once again that was the low bar for success of this summit they went about 3:15, that's a lint less than what we thought the entire summit would be in the two parts it was broken into that is a live look at where we expect president biden to appear am sought point now that vladimir putin is done putin also suggesting here they agreed to continue talking in terms of the cyber astacks that have been happening in the united states. he said they agreed to start negotiations on cyber security that is at least an effort to continue a dialogue there. no takeaways here necessarily, as putin describes it. he also said that he believes that most of the cyber attacks that happen in the world come from the unite

away corruption he said they just haven't done that so school is out on that question shep >> eamon javers live on that in geneva >>> in less than 48 hours the president travels to switzerland where he's set to meet with vladimir putin a man he called a worthy adversary as you heard. nbc's keir simmons got an exclusive interview with the russian leader ahead of the meeting, they covered a wite range of topics from cyber warfare to human rights. keir, what did he tell you >> you heard president biden describing president putin as bright and tough and also complex. for example during our interview he continually criticized america but when we pushed him to criticize china he did not d want to do that perhaps not rushing closer to china. on cyber hacking he would be prepared to negotiate but at the same time denied that russia has any involvement in hacking >> translator: we have been accused of all kinds of things, election interference, cyber attacks and so on and so forth and not one time did they bother to produce any kind of evidence or proof, just unfounded accusations. >> and again and

i want to get to eamon javers there in geneva for the news conference that president biden is about to give before i tusoss it to him, chairman powell and the fed coming up in 42 minutes. if mr. biden is still speaking, we will interrupt and have jerome powell and the fed. we know that's what many of you are looking for. 2:00 market time for now, over to eamon the russian president was kind and gentle toward the sitting pred, as he has been toward the last four or five. but the rest of it seemed to be a duck and a dodge >> a couple interesting moments. one was when he was asked when he saw when he looked into biden's eyes which is the reverse of what americans have been asked about. putin had an interesting line. we don't need to look into each other's eyes or souls. we need to represent our countries and our country's views. vladimir putin views this entirely in a transactional way. he seemed to be almost mocking president biden. we'll have to look at the translation on that, when he said biden mentioned his mother and his family he seemed to be almost downplaying those as unrelated t

eamon javers is in washington with the latest. >> kelly, the company is jbs, and the white house is saying a criminal gang likely operating out of russia is responsible for the cyberattack they saw on sunday jbs says a number of ships have been canceled. they're telling workers to simply stay home until they can work through some of necessary i.t. issues. they're saying that jbs notified -- came from a criminal organizations, likely based in russia the white house is engaging directly with the russian government and delivering the message that responsible states do not harbor ransomware criminals. we have a come are more details from jbs here, saying it attacked the north american and australian companies the backups were not affected, which is good news t all of this comes after the colonial pipeline hack which wreaked havoc, and just before the meeting in geneva coming up this month between vladimir putin and president joe biden, so a lot to talk about at that meeting, as you're now seeing alleged russian hackers impacting the gasoline markets, these are fundamental staples of our econom

back-to-back hacks, the clolonia pipeline and the meat column rate senrr washington correspondent eamon javers. >> reporter: any response to the russians in terms of cyber actions, cyber strikes, contains enormous risks and that's why strategy here so is important. one of the things we've seen going forward through this process is the biden administration has sort of accepted the putin administration's premise, that the russian government is not the entity that's behind these attacks. if the biden administration accepts that premise, that means the attacks themselves are not an act of war. are not an active war. it also mean the counter attack is also not an active war. more like law enforcement and even if the action is taken place in the city of moscow. that allows both sides to engage in this conflict without escalating out of control there are other tools. we learned some of those today biden thrwants his team to work with countries around the world. biden asked for an aggressive, accelerated review of the government's policies on paying ransoms on criminals in capitol hill today, congress

were there watching it on "squawk" as they got to the beginning of the meeting with us now is eamon javersside >> reporter: andrew, joe biden said it was important to deal face-to-face with vladimir putin. he said there was no substitute for the face-to-face meetings. the accomplishments were few the one thing they agreed to were to exchange ambassadors that is a positive take away they agreed to continue talking on nukes and cybersecurity an ongoing dialogue here no resolution here in geneva an intriguing moment yesterday in which joe biden hadn't issued threats to vladimir putin on the cybersecurity. he laid out a detail plan if the united states decided to embrace the cybersecurity capabilities and respond in-kind. here is what he said >> what happens if that ransomware outfit was in florida and signalled a lifeline to the economy? oil. there would be significant impact >> reporter: that's biden saying he did not issue threats, but saying that is a nice pipeline you have there it would be a shame if anything happened to it he laid down the law behind the scenes to vladimir putin trying

meantime, president biden arriving at nato headquarters just moments ago i want to get straight to eamon javersith stoltenberg. the president reaffirming the nato agreement saying that the united states is very much there for its nato allies. the president famil emphasizinge fact that nato came to the aid in 9/11. he talked to jen staolenberg in face-to-face a few moments ago and in this new world. take a listen. >> i think that there is a growing recognition over the last couple of years that we have new challenges. and we have russia, that is not acting in a way that is consistent with what we had hoped. as well as china >> reporter: and, becky, the reaction of president biden here in europe has been very much one of relief among the nato leaders and leaders of the g7 and uk over the weekend this is a group of leaders that very much views biden as a breath of fresh air after president trump's america first policies but this is a president that is viewed a little askance,becaus they don't know what to think of biden presidency in the wake of january 6th. they don't know how much the biden admi

former ambassador to russia, michael mcfaul he helped prepare president biden for the summit first, eamon javers is live in geneva eamon? >> reporter: there's a real -- there's another world leader who won't necessarily be in the room tomorrow, but who will likely be a topic of conversation. that's china's xi jinping. the increasingly cozy relationship between russia and china haz raced eye browse earlier this month, xi called putin his best friend, and is the -- the western military alliance for the first time said china's rise presents challenges to the nato members. nato secretary-general jen stolenberg said china has the world's second largest military after the united states, and already has the largee navy. biden tried to rally the g7 countries, to try to rally -- the spending 3r578 that helped send money and resources around the world to impoverished nation, helping china build clout economically and diplomatically around the world. earlier this week, biden said that both of the two countries, china and russia, are at the top of the list of global problems. >> i think that there is a grow

china is also being called out for the fast development of nuclear missiles >>> cnbc reporter eamon javers news with shepard smith." >>> there was a continued uproar from data seizures from lawmakers and journalists. john zimmer is expected to leave his position earlier this week. >>> enbridge energy, critics have opposed the -- back to you, scott. >>> the investment committee is making news today. tiffany is buying more target. why so >> i did we just got a new client, so target is a staple for us. it's consistent and same we own it to balance out some of the mortgage volatile that we owns >> dr. j, you still have some exposure >> yes, i do still love target, and i think that virtually everything they're doing plays right into the strength of the reopening trade, going back into those stores rather than their omnichannel or their digital, which worked out phenomenally for them during the pandemic i think many of the stores have been redesigned, scott, so people have a better experience when they go in there. yes, i still own target. >> they've had a nice move, three months up nearly 29% c

cnbc senior washington correspondent eamon javers now eamon you spoke to a top justice department official about the relentless attacks what did you learn >> that's right, shep, lisa monaco has been leading the charge at the department of justice. she launched a 120 day cyberreview created a new ransomware task force and issued new guidance to the doj, and the fbi mandating immediate reporting to headquarters of any ransomware cases that pop up one of the key issues in this is whether or not the companies hit by ransomware are paying off the criminal gangs to get access back to their own computers. so i asked monaco whether jbs the giant meat processing company hacked this week paid off the gangsters or not here is what she said. >> i don't know the answer to that. >> do you think that the government should know whether the companies are paying ransoms or not. >> yes, i think we need to know. >> i also asked her what happens when the attacks on the nation's food and fuel supplies are not ransomware only. what if the attacker wants to lock up the systems and not sell back the key is the uni

i'm kelly evans along with eamon javers the topping the hour the mega cap tech trade the focus is back on gold. facebook joins the gold club >> cyber cold war. u.s. and russia talk tough on cyber crime in geneva but was any progress made? david petraeus and the co-founder of crowdstrike will take us inside the battle a fight that's costing corporate america billions of dollars. >> post-pandemic flight plan united make its largest aircraft purchase ever pap big bet over surge in air travel. "power lunch" starts right now ♪ >>> here's where the markets stand midday dow is up 32 points. s&p and nasdaq hitting florida day lives. bank stocks have been leading the way, losing a little steam this came afternoon. jpmorgan is negative all of this after releasing their capital plans yesterday. home builders are up after kay schiller said home prices rose more than 14% year-on-year the gains about 1% to 2% >> as the nasdaq don't hit those record highs nearly every day big tech once again leading the market with facebook topping a trillion dollar valuation. mark zuckerberg is speaking right now. l

he helped prepare president biden for the summit first, eamon javers is live in geneva eamon? >> reporter: shep, there's a real sense of anticipation here tonight with that showdown there's another world leader who won't necessarily be in the room tomorrow, but who will likely be a topic of conversation. that's china's xi jinping. the increasingly cozy relationship between russia and china has raised eyebrows in washington earlier this month, xi called russia's vladimir putin his best friend and the trying to over come that at the summit. the western military alliance for the first time said china's rise presents challenges to the nato members. nato secretary-general jens stoltenberg said china has the world's second largest military after the united states, and already has the largest navy biden tried to rally the g7 countries earlier this week for focus on an alternative to the western world to china's delta road initiative, that's that spending program that helped send money and resources around the world to impoverished nation, helping china build clout economically and di

news conference and president biden's bilateral meeting with russian president vladimir putin, eamon javersd down in anticipation of tomorrow's events here in geneva take a look at the schedule. the arrivals be stagger, putin will arrive at 7:00 a.m. east coast time at the summit site. biden will follow him on his way into the venue the meeting is estimated to run four to five hours, they have an opportunity to stop for breaks if they so choose. each leader will hold their own press conference afterwards, president biden doesn't want to do that to see people counting to see how many seconds each leader spoke and jockeying for position, all that that's the lay out for tomorrow. the issues on tap, obviously the cyber attacks and ransom wair we've been seeing and the situation in ukraine and election interference including the united states all of which are on the table -- we will see those two leaders in a beautiful lake-side villa in geneva tomorrow to see what they agree to >> and just watching the body language and everything is always interesting eamon javers, thank you. we've also got th

our eamon javers is live in geneva, probably the best live shot of the day, eamon. >> reporter: morgann brussels today. we have seen some of the action the at nato summit with the pictures of the leaders gathered together with the family photo of the nato leaders. the president had a weekend of diplomacy, now dealing with military issues with the nato alliance, and within the hour, we're going to see the president meeting with president erdogan of turkey, and take a look at points of tension in the past couple of years. so many of them having to do with who's buying which military equipment from who, there's the dispute over turkey's purchase of the s 400 missiles, dispute over the decision to recognizes 1915 armenian massacre as a genocide, and then there's the u.s. removal of turkey from the f 35 program we'll see the meeting between the two leaders coming up in just about an hour's time, and we'll watch for body language or readouts we can see in the wake of the get together to see how they resolved those issues, and of course all of this, morgan, su as you say is a preamble to vlad

that highly anticipated face-to-face between vladimir putin and president biden in switzerland eamon javersas been on the ground all week. and joins us now with more on what we may expect today eamon. >> reporter: good morning, brian. it is a beautiful day for a summit here in geneva, it's summery by the lake. that's where the two leaders are going to meet. it's a villa here on lake geneva where the two men will meet later this afternoon this is what we know about what the schedule is going to look like 7:00 a.m. eastern time, we'll see both men at the villa. we'll see putin arriving first and then joe biden arriving. that's because vladimir putin has a history of standing leaders up this way, if putin gets there first, biden doesn't have to be there log. this delicate dance choreographed. each leader will hold their own individual press conference on the way out. it's a change from what we've seen in the past where you had the joint press conference between the two leaders. joe biden says he doesn't want to do that because he doesn't want people calculating the matter of seconds each man,

eamon javers has more on what to expect >> we might learn more information as we see the testimony.estifying on capitol hill. this is on the house side. yesterday they were over on the senate side. today we're going to see the colonial pipeline ceo, joseph blount, testifying he testified yesterday, but also we will see charles carmakal, the cto of fireeye who was brought in to handle the disaster after colonial pipeline was hacked blount yesterday defended his decision to shut down the pipeline, also defended his decision to pay the ransom, and he explained a little bit about what went wrong. take a listen. >> in the case of this particular legacy vpn, it did only hav

politicians and harmful speech and outlining how long former president trump will end up lasting eamon javerslatest >> it will end up lasting two years. here's the word from facebook. they said they're going to continue that ban for two years. but at that point they will reconsider that is in two years from january 7th. they'll assess going to experts whether or not the risk to public safety from trump's comments has receded there will be a strict set of rapidly escalating sanctions that will be triggered if president trump is allowed back on the platform and commits further violations in the future you remember that it was the facebook oversight board that stepped in, a quasiappointed body they said facebook wasn't exactly right in its decision to suspend trump indefinitely facebook needs to tell him how long he's suspended for and under what terms he can come back so this is facebook responding to that oversight board decision earlier in the year the former president had a reaction to this and here's what he said in a statement he posted a short time ago he said they shouldn't be allowed to

especially if it drags on for more than a few days >> a big story that we are watching eamon javers iss well. contessa brewer, thank you big story there. >>> all right. on deck, a long overdue push by financial firms to support black businesses on the 100th anniversary of the tulsa massacre we will get more on that. >>> as we head to break. china announcing a shift in the child limit policy to refresh the aging population raising the birth threshold to 3 per couple, not 2. >>> shares of sofi are trading on the nasdaq today. the move comes after the friday's deal with sofi and another spac >>> how would you like $1 million or a year of free groceries? take the money kroger is offering customers, workers and anyone else who gets the vaccine the trchance of tho prizes and more. a collaboration with the white house to help get the u.s. toward more americans being vaccinated. > w futures up 180 we're back in a moment ready to shine from the inside out? try nature's bounty hair, skin and nails gummies. the number one brand to support beautiful hair, glowing skin, and healthy nails. and intro

let's go to eamon javers live on the ground in geneva tonight hi, eamon. >> hi, courtney.esidents have now left town and the big question is what did they accomplish here in geneva a lot of this was agreeing to continue to talk-variety of negotiations there were a couple specifics they were able to pin down starting with both country ambassadors going back to the capital. that's one take away that was viewed as the bare minimum for a successful summit here in geneva also they are agreeing to a bilateral strategic dialogue, they're going to talk about arms controls, they're both committed to that, and they're going to talk about krooibs cybersecurity, agreeing to ongoing conversations with those. preside president biden giving putin a list of critical insfra attack . >> i pointed out that we have significant cyber capability and he knows it. he doesn't know exactly what it is but it's significant. if in fact they violate these basic norms we will respond. he knows >> so biden explaining there that there will be specific outcomes for specific russian actions if the russians

our colleague eamon javers said that they had the colonial pipeline. >> one, as we reported in our articlet spying on some of these hacks in russia. until then the nra hadn't paid much attention to criminals, they usually spied on terror groups. the biden folks are amping that up because they're treating this much more like a national security problem. as to the question of covert action, we have to be more humble about this. we don't know what we don't know. all i can tell you is the sources i spoke to are under the impression that that kind of thing is not happening. in fact, if it was taken off line, it may have been the result of so-called white house hackers, there are a lot of possibilities there. what we are being told is that the biden administration is now actively considering taking offensive action, using the military hackers cyber command to go after of this these russian criminals in russia. it invites retaliation from russia. some people would consider it an act of war, though they're going to calibrate it carefully to not hurt anybody or destroy any russian infrastructure. i

cnbc's eamon javers on the top story tonight from geneva. president biden did say he laid down some rules of the road on cybersecurity in the wake of that space. >> that should be off-limits to cyberattacks, including the energy sector and water systems. even as he said he made no threats to pewing, he also laid out a detailed if they shut down the sector he thought he saw a moment of recognition from the russian side of the damage that that could do to their economy. >> i pointed out to him we have information cybercapability, and he knows it. for his part vladimir putin said it's the suns, not russia, that is responsible for most of the cyberattacks in the world, but he agreed the talks had been positive >> we spoke face-to-face for about two hours. it doesn't happen that you have that kind of conversation face-to-face. >> shep, there was a testy moment at the end of the biden press conference, where a frustrated biden snapped boop at a reporter who asked him how can he be so sure that putin will change. >> when did i say i was confident?

pipeline hack, heading to capitol hill to testify on the breach, for all of the details let's get to eamon javers. good evening. >> this is about examining the decisions made about the colonial pipeline, one the decision to shut down the pipeline all together and the other controversial decision about paying ransome he was asked at one point whats worst-case scenario could have been in terms of colonial pipeline not paying entrance -- the ransransom here a.i. what he said here a.i. what he said. >> we are seeing people doing unsafe things like filling garbage bags with gas or fist fighting at the fuel pump. the concern would be what would happen if stretched beyond that atmosphere of thyme. >> amount of time >> he raised the prospect jet fuels couldn't get to jets, and first responders couldn't get access to their vehicles, all things that could have happened if they hadn't paid the ransom other question whether colonialal pipeline couldn't operate manually why is so data-driven, why couldn't they turn valves and operate the pipeline here's what he said on that. >> a lot of those people that did

let's kick-off it off with a-symptomati eamon javers >> it's a wave of attacks it's fuel, food, all of the things we need to build our society, a lot of it is come from russia, the key is to what extent could we see vladimir putin involved in the transactions is he allowing criminal hacking games in russia to do their thing or is he orchestrating this as a show of strength against the united states, there's dispute on that in security communities but the consensus seems to be he's tolerating this criminal activity because the enemy of mien themmy -- my enemy is my friend kind of thing latest with the meat hack at rbs is in fact they were able to get most of the plant activity up and running today. they said they would be up and running. that seems to be the case today. we'll wait for more details from the federal government on how much production happened today but it seems to be something we're moving past at this point. clearly, melissa, there's a lot here to think about. just about every industry is vulnerable >> what's interesting, eamon, these were disparate attacks if they happen

cnbc's eamon javers on the top story tonight from geneva. >> shep, most of the progress here tonight was to agree to keep talking variety president biden did say he laid down some rules of the road on cybersecurity in the wake of that space. on the attacks on critical infrastructure he said he handed him a list of 16 critical element of infrastructure that should be off limits to cyber attacks, including the energy sector and water systems. he said they agreed on issues and how to change conduct there. even as biden said he made no threats to putin, he also laid out a detailed scenario for the russian leader of what might happen if u.s. hackers say in florida or maine shutdown the russian oil sector biden said he thought he saw a motel of recognition from the russian side of the damage that that could do to their economy. >> i pointed out to him we have information cyber capability, and he knows it. for his part vladimir putin said it's the same, no russia that is responsible for most of the viber attacks in the world, but he agreed the talks had been positive >> we spoke face-to-fac

. >>> we are getting some breaking trade news out of washington this morning eamon javers has that.i. >> carl, this coming from the u.s. trade representative which is announcing this morning that it is imposing but immediately suspending new tariffs on a range of countries that have imposed those digital services taxes that impact american companies, particularly the tech giants including facebook. nows the dispute has been ongoing tore for a while and the u.s. trade representatives office was going to conduct an investigation that began last year this was the deadline for that investigation to be concluded. they had an automatic process they had to follow so they are going to impose these tariffs, but it's not an escalation, they're saying, and the reason is because they want to give 180-day period of time now for negotiations with the surveys you countries involved in this dispute to take place. they say that they're optimistic about the tenor of those negotiations so wanted to create breathing space here where this automatic trigger is happening but not imposing these tariffs unt

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they needed to divert critical care patients we begin with cnbc eamon javers we're learning more about this hacker attacker gang >> they're known as r evil, the group that attacked a company affiliated with apple in april they're a russian-speaking gang probably operating out of a former sofiiate state. the estimates are revil brought in at least 12 vladimir putin has the power to stop them without intervening. we know where the actors are and it's time for some repercussions to the actors themselves presidenbiden not committing to any specific action but fielding questions from reporters about what he's going to do. >> mr. president, will you retaliate against russia for the latest ransomware attack >> we're looking closelynto it >> do you think putin is testing >> no. >> what can washington do out all of this? this there's a number of ideas that are under consideration here in town more sanctions to cut russia off from the global economy, new rules on crypturrency, or just flat out making it illegal for american companies to pay off the criminal gangs the problem is all those ideas h

. >> now let's get to eamon javers for more on jbs and whether we were hoarding -- i remember freezingever going to need it. it's still in there. so we don't need to do that. >> some people eat it, joe. >> we don't need to do that. things are okay. >> yeah. the company is saying -- they're issuing a cautiously optimistic statement. this is from last night. he's talking about getting up and running today. the ceo saying given the progress our i.t. professionals and plant teams have made in the past 24 hours, the vast majority of our beef, pork, poultry and prepared food plants will be operational tomorrow, that is today, wednesday jbs's status, on tuesday jbs usa and pilgrim's were able to ship product not necessarily process. they're making progress in resuming plant operations in the u.s., australia. several were operational as of tuesday. the canada beef facility has resumed production take a look at the dramatic changes in production. cattle down 22% week over week tuesday over tuesday hogs down 19.6%. that is entirely due to the cyber attack so there was a real impact here on produ

officials were able to track down the hacker gang's bitcoin account and seize their cryptocurrency eamon javers on the top story tonight. >> shep, while law enforcement may have recovered the majority of that ransomware payment as you were just talking about, lawmakers still wanted answers today on what went wrong and why this company was so vulnerable to an attack like this >> did you have a plan for cybersecurity response that included guidance about ransomware >> senator, specifically no -- no discussion about ransom and action to ransom >> blount testified the company immediately reached out to the cybersecurity firm mandint and within hours to the fbi. by that time they had exploited a compromised vpn. >> this account did not use multi-fracture authentication which is a basic cybersecurity hygiene item that companies should have in place >> in the case of this particular legacy vpn, it did only have single factor authentication it was a complicated password so i want to be clear on that it was not a colonial 123 type password >> now, blount also defended the company's spending on cybersecu

eamon javers is at the dogej wih the person leading that charge for a cnbc exclusive >> reporter: that's deputy attorney general. thank you for having us here, first of all secondly, what can you tell us about what the changes are here at the department of justice in terms of the way you will handle these ransom wware cases going forward? >> great to be with you. what rearewe are doing here reag to the they posed to security. i have conducted a 120-day review for everything the department is doing to combat issues including cyber ware. we have established a task force to bring all of our tools to bear to ensure we are going after these attack networks. yesterday, just yesterday i issued a directive to every federal prosecutor in the country that we need to treat ransomware attacks with the severity and the urgency that it merits that means centralizing reporting back here to the department of justice from around the country so we have a national and, indeed, a global picture of the threat of ransomware attacks including the illicit use of online infrastructure and networks that fuel thes