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JBS says it paid $11 million ransom after cyber attack

4 years ago
in Business, Cyber-security, highlights, Home, home-news, latest News
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The meat supplier JBS USA paid an $11 million ransom in response to a cyberattack that led to the shutdown of its entire US beef processing operation last week, the company said in a statement Wednesday evening.

The ransom was paid after most of the company’s facilities had come back online, JBS said. “This was a very difficult decision to make for our company and for me personally,” said Andre Nogueira, CEO of JBS USA, in the statement.

“However, we felt this decision had to be made to prevent any potential risk for our customers.” JBS’s payment was first reported by The Wall Street Journal.The cyberattack affected servers supporting JBS’s IT systems in North America and Australia.

Read: US recovers millions in cryptocurrency paid to Colonial Pipeline ransomware hackers

The US government has attributed the ransomware attack to REvil, a criminal gang believed to be based in Russia or Eastern Europe.”Preliminary investigation results confirm that no company, customer or employee data was compromised,” JBS said in Wednesday’s statement.

JBS USA is part of JBS Foods, which it says is one of the world’s largest food companies. It has operations in 15 countries and has customers in about 100 countries, according to its website. Its brands include Pilgrim’s, Great Southern and Aberdeen Black.

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