Home United States USA — software World's biggest meat processor JBS pays $11 million to ransomware gang

World's biggest meat processor JBS pays $11 million to ransomware gang

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The incident took place last week, shutting down abattoirs in the US, Canada, and Australia. The company, which supplies more than a fifth of all beef in…
What just happened? Organizations are usually advised not to pay anything after being hit by ransomware attacks, but there are occasions when such action is the best, or only, option. That seems to have been the case for JBS, the world’s biggest meat processor, which has paid $11 million after a cyberattack shut down its operations. The incident took place last week, shutting down abattoirs in the US, Canada, and Australia. The company, which supplies more than a fifth of all beef in the US, said making the massive Bitcoin payment was necessary to protect customers. « This was a very difficult decision to make for our company and for me personally, » said JBS’s chief executive, Andre Nogueira. « However, we felt this decision had to be made to prevent any potential risk for our customers.

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