Categories Technology

The JBS meat supplier paid $ 11 million to its ransomware attackers

Apart from the colonial pipe, the largest attack by recent ransomware aimed at JBS, a meat supplier that is responsible for up to a quarter of all meat processes in the United States. At the end of last week, the company said its operations were back online, and now it has confirmed to pay “the equivalent of $ 11 million in rescue in response to the criminal trick against its operations.”

The CEO, Andre Nogueira, said in a statement that “we feel that this decision should be made to prevent any potential risk to our clients.” The most specific information on why JBS paid the attackers is also in the statement, since the company said it was trying to “mitigate any unforeseen problem related to the attack and ensure that data is not exiled.” Speaking with the Wall Street Journal, the CEO said that despite the successful data recovery efforts, the experts could not promise that the attackers would not hit again.

While now we know that a significant part of Bitcoin’s payment of the colonial pipe was tracked and seized by feds, there are no words in any similar effort, or its result, in this case.