JBS Says It Paid $11 Million Ransom Following Attack

June 10, 2021

After a ransomware attack that disrupted the meat processing company JBS, USA CEO Andre Nogueira said that the company had paid a ransom equivalent to $11 million.

Although JBS’s meat factories recovered faster from the attack than some analysts and meat buyers had expected, Nogueira explained why the company had to pay the ransom, though it was undoubtedly a difficult decision.

He said: “This was a very difficult decision to make for our company and for me personally. However, we felt this decision had to be made to prevent any potential risk for our customers.”

For more information, read the original story in Reuters.

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Jim Love

Jim is an author and podcast host with over 40 years in technology.

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