Article Date 10/06/2021

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


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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