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June 10, 2021 01:00 pm

JBS Paid $11 Million In Ransom After Hackers Shut Down Meat Plants

An anonymous reader quotes a report from The Washington Post: JBS, the world's largest meat supplier, confirmed Wednesday that it paid the equivalent of $11 million in ransom to hackers who targeted and temporarily crippled its business. The company confirmed making the payment in a statement Wednesday, saying it did so after most of its plants started operating again last week. The company consulted with its own tech workers and external cybersecurity experts, it said, and decided to pay to make sure no data was stolen. "This was a very difficult decision to make for our company and for me personally," JBS USA CEO Andre Nogueira said in a statement. JBS was hit by a ransomware attack last week that temporarily halted operations at its nine beef processing plants in the United States and caused disruptions at other facilities. The FBI attributed the attack to a Russian-linked ransomware group known as both REvil and Sodinokibi. The payment was first reported by the Wall Street Journal. JBS got many of its plants operating again by the end of last week, but Nogueira said it decided to make the payment to "prevent any potential risk" for customers. JBS said Wednesday that it spends more than $200 million annually on information technology and employs more than 850 IT workers worldwide. The company said experts are still investigating the hack, but preliminary findings indicate that no employee or customer data was compromised.

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