Home Crop Monitoring JBS confirms it paid $11 million in response to ransomware attack

JBS confirms it paid $11 million in response to ransomware attack

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JBS USA confirmed on June 9 it paid the equal of US$11 million in ransom in response to the prison hack towards its operations.

On the time of fee, the overwhelming majority of the corporate’s services had been operational. In session with inside IT professionals and third-party cybersecurity specialists, the corporate made the choice to mitigate any unexpected points associated to the attack and guarantee no information was exfiltrated.

“This was a very difficult decision to make for our company and for me personally,” says Andre Nogueira, CEO of JBS USA. “However, we felt this decision had to be made to prevent any potential risk for our customers.”

The FBI said this is without doubt one of the most specialised and complicated cybercriminal teams in the world.

JBS USA’s means to rapidly resolve the problems ensuing from the attack was due to its cybersecurity protocols, redundant methods, and encrypted backup servers. The corporate spends greater than $200 million yearly on IT and employs greater than 850 IT professionals globally.

JBS USA has maintained fixed communications with authorities officers all through the incident, it says.

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