“It was very difficult”: global meat company reveals millionaire payment in bitcoins to Russian hackers | Economy

The global meat giant JBS, victim of a cyber attack at the end of May, paid the equivalent of $ 11 million to hackersthe executive director of the Brazilian group’s US subsidiary reported on Wednesday.

“It was a very difficult decision for our company and for me personally”Andre Nogueira said in a statement. “However, we think that this decision should be taken to avoid any possible risk to our clients,” he said.

“At the time of payment, the vast majority of the company’s facilities were operational,” said JBS, one of the largest food companies in the world.

That was done for “Ensure that no data is leaked” and “to avoid unforeseen problems related to the attack,” according to the group.

Walnut told the Wall Street Journal that the ransom payment was made in bitcoin.

JBS, which specializes in pork, beef and chicken products, had indicated to the US authorities that it was being the target of a cyberattack with ransomware originating from a “Criminal organization probably based in Russia”, according to the White House.

The president of United States, Joe Biden, stated that he did not rule out retaliation against Moscow after this cyberattack.

The servers on which its computer systems are based in North America and Australia had been attacked, paralyzing the group’s activities in Australia and suspending certain production lines in the United States.

In addition to Brazil and the rest of Latin America, JBS is present in the United States, Australia, Canada, New Zealand and the United Kingdom.

More attacks

Recently, several companies have been the victims of large-scale cyber attacks.

The group Colonial Pipeline, the target of a cyber attack in early May, admitted to paying hackers $ 4.4 million.

On Monday, the US authorities announced that they had recovered part of that sum.

The Colonial Pipeline attack created significant gasoline supply problems in the southeastern United States for several days.

Ransomware exploits security holes to lock down computer systems. Then their authors demand a ransom to unlock them.

According to security firm Emsisoft, hackers collected ransoms of at least $ 18 billion last year.

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