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JBS Paid $11 Million To Hackers After Ransomware Attack

The world’s largest meat processing company said on Wednesday that The company has paid a ransom of $11 million to cybercriminals. forced to stop Cattle slaughter at 13 meat processing plants JBS confirmed the payment in a statement following a cyberattack caused by the Russian-speaking ransomware gang “REvil”.

The company eventually paid the ransom in Bitcoin digital currency to prevent the disruption of the meat factory. mitigate potential damage to food sources This includes restaurants, grocery stores and farmers who rely on JBS production.

“This is a very difficult decision for our company and for me personally,”

; JBS USA CEO Andre Nogueira said in a statement. “however We feel that this decision must be made to prevent potential risks to our customers.”

The company said in a statement that “Most of the company’s facilities are available” at the time of checkout. This decision was made in consultation with internal IT experts and third-party cybersecurity experts. This ensures that no information is stolen by cybercriminals.

In a statement last week The Federal Bureau of Investigation (FBI) has identified the harassers known as “REvil” or “Sodinokibi”.

“As the leading federal investigative agency in the fight against cyber threats, Fighting cybercrime is one of the FBI’s top priorities,” the agency said. “We continue to focus our efforts on determining risks and consequences. and hold cyber perpetrators accountable.”

JBS became aware of the cyberattack on Sunday of Memorial Day weekend.

National Security Adviser Jake Sullivan told reporters aboard Air Force One that President Biden would “Implement 100% cyberattacks” at the upcoming meeting of Russian President Vladimir Putin. “All ransomware attacks are crimes,” Sullivan added. “They should be fully prosecuted by law. And every responsible country should take action against criminals.”

Biden is scheduled to meet with Putin on June 16 in Geneva. Switzerland And it was part of his first overseas trip as president.

Merrick Garland, US Attorney General Warned Wednesday that ransomware attacks “It’s getting worse” echoes concerns White House officials are preparing for an emergency meeting to brainstorm responses to national security threats

“We have to do everything we can here,” Garland told lawmakers during a Senate hearing on the Justice Department’s 2022 budget. “This is a very serious threat.”

last month Cybercriminals target the computer network of Colonial Pipeline, America’s largest oil pipeline operator. It is responsible for 45% of fuel delivery along the east coast. Ransomware Attacks Cause Panic Purchases This results in fuel shortages in various states. south east Colonial later admitted to paying $4.4 million to a criminal in Russia known as “DarkSide” to access its computer network. on monday The Ministry of Justice revealed that there recovered Most Bitcoin Ransoms Are Worth $2.3 Million

For many years, companies Has fought against easy-to-use ransomware attacks. Offenders often use simple methods, such as phishing, to email employees with suspicious links. one click Unknown employees may lose the security of the company. This allows cybercriminals to lock down computer networks in exchange for ransom.

More and more cybercriminals are selling their services or hacking software. to the highest bidder through a business model known as Also known as “ransomware-as-a-service”, hackers often request payments in digital currency. They are harder to track than conventional currencies and are subject to fewer regulations.

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