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Cyber Security

Beef Supplier JBS Paid Hackers $11 Million Ransom After Cyberattack

Meat processing company JBS USA confirms it paid extortionists $11 million in bitcoins to regain access to its systems following a destructive ransomware attack late last month. The FBI discourages victims from paying ransoms because doing so can establish a profitable criminal marketplace. JBS, the world’s largest meat company by sales, on May 30 disclosed it fell prey to an “organized cybersecurity attack” targeting its IT network. The intrusion was attributed to a prolific Russia-linked cybercrime group that has emerged as one of the top-earning ransomware cartels by revenue.

Source: https://thehackernews.com/2021/06/beef-supplier-jbs-paid-hackers-11.html

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