Meat processing firm JBS admits paying hackers $11 million in ransomware attack

3 month ago

Washington news, US news.

The largest meat processing firm admitted Wednesday that it paid $11 million in a ransomware attack that targeted the computer system last month.

JBS’s USA said through its CEO Andre Nogueira that paying the sum was a very difficult decision to make.

“However, we felt this decision had to be made to prevent any potential risk for our customers,” he added.

To see also:
  • House of Representatives’ site attacked by ransomware hackers: ‘Threats are serious and increasing’
  • St. Clair County websites shut down for a week after ransomware attack, disturbing jails, courts and hospitals operations
  • WH warns private firms over ransomware attacks after foreign hackers targeted US oil pipeline, meat supplier
  • The company’s operations were not affected by the cyber-attack when the managers decided to pay the colossal ransom in order to prevent any issues.

    The FBI has since determined that the hackers belonged to Russian REvil and promised to bring them to justice for several copious ransomware attacks on the world’s largest firms.

    JBS revealed that maintaining and protecting its data and IT still costs over $200 million every year.