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World’s Largest Meat Company JBS Paid $11 Million to Resolve Ransomware Attack
Summary: JBS USA Holdings Inc. paid an $11 million ransom to cybercriminals who last week temporarily knocked out plants that process roughly one-fifth of the nation’s meat supply, said Andre Nogueira, chief executive of Brazilian meat company JBS SA’s U.S. division. The ransom payment, in bitcoin, was made to shield JBS meat plants from further disruption ...
JBS USA Holdings Inc. paid an $11 million ransom to cybercriminals who last week temporarily knocked out plants that process roughly one-fifth of the nation’s meat supply, said Andre Nogueira, chief executive of Brazilian meat company JBS SA’s U.S. division.
The ransom payment, in bitcoin, was made to shield JBS meat plants from further disruption and to limit the potential impact on restaurants, grocery stores and farmers that rely on JBS, said Andre Nogueira.
“It was very painful to pay the criminals, but we did the right thing for our customers,” Mr. Nogueira said Wednesday in an interview with The Wall Street Journal. He added that the payment was made after the majority of JBS plants were up and running again.
By Amy Liu
Tags: Bitcoin,JBS,Ransomware Attack
Link: World’s Largest Meat Company JBS Paid $11 Million to Resolve Ransomware Attack [Copy]
