Meatpacker JBS USA paid a ransom equivalent to $11 million following a cyberattack that disrupted its North American and Australian operations, the company's CEO said in a statement on Wednesday. The JBS meat plants, producing nearly a quarter of America's beef, recovered faster than some meat buyers and analysts expected. "This was a very difficult decision to make for our company and for me personally," said Andre Nogueira, CEO of JBS USA on the ransom payment. A Russia-linked hacking group is behind the cyberattack against JBS, a source familiar with the matter said last week. The Wall Street journal reported on Wednesday that the JBS ransom payment was made in bitcoin.

Source: Irish Independent June 10, 2021 02:37 UTC