Meat supplier JBS paid $11 million to its ransomware attackers

The company says it paid attackers to stave off further issues, or the exfiltration of data.

Sponsored Links

Richard Lawler
June 10, 2021 3:25 AM
In this article: news, gear
GREELEY, COLORADO - APRIL 16: The Greeley JBS meat packing plant sits idle on April 16, 2020 in Greeley, Colorado. The meat packing facility has voluntarily closed until April 24 in order to test employees for the coronavirus (COVID-19) virus. As more workers test positive for the coronavirus throughout the U.S, plants in Colorado, South Dakota, and Iowa have temporarily halted production.  (Photo by Matthew Stockman/Getty Images)
Matthew Stockman via Getty Images

Other than Colonial Pipeline, the biggest recent ransomware attack targeted JBS, a meat supplier that's responsible for up to one quarter of all meat processing in the US. Late last week the company said its operations were back online, and now it has confirmed paying "the equivalent of $11 million in ransom in response to the criminal hack against its operations."

CEO Andre Nogueira said in a statement that "we felt this decision had to be made to prevent any potential risk for our customers." The most specific information about why JBS paid the attackers is also in the statement, as the company said it was trying "to mitigate any unforeseen issues related to the attack and ensure no data was exfiltrated." Talking to the Wall Street Journal, the CEO said that despite successful data recovery efforts, experts couldn't promise that the attackers would not strike again.

While we now know that a significant portion of the Colonial Pipeline Bitcoin payment was tracked and seized by the feds, there's no word on any similar efforts, or their outcome, in this case.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Popular on Engadget