Article Date 10/06/2021

Meat company JBS confirms it paid $11M US ransom in cyberattack

Source CBC NEWS

World's largest meat processing company was the target of an organized cybersecurity attack

The world's largest meat processing company says it paid the equivalent of $11 US million - a little more than $13 million Cdn - to hackers who broke into its computer system late last month.

Brazil-based JBS SA said on May 31 that it was the victim of a ransomware attack, but Wednesday was the first time the company's U.S. division confirmed that it had paid the ransom.

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