Global meat giant JBS revealed it paid an $ 11 million ransom to hackers.

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source: wsj.com

The company had indicated to the US authorities that it was the target of a cyberattack with ransomware originating from a "criminal organization probably based in Russia."

The global meat giant JBS, the victim of a cyberattack in late May, paid the equivalent of $ 11 million to hackers, the executive director of the Brazilian group's US subsidiary said on Wednesday.

"It was a tough decision for our company and me personally," Andre Nogueira said in a statement. 

However, we believe that this decision should be taken to avoid any potential risk to our clients.

At the time of payment, the company's extensive facilities were operating, said JBS, one of the world's largest food companies.

According to the group, this was done to ensure that no data was leaked and avoid unforeseen issues related to the attack.

Nogueira told the Wall Street Journal that the ransom was paid in bitcoin.

JBS, which specializes in pork, beef, and chicken products, had indicated to US authorities that it was being targeted by a cyberattack with ransomware from a "criminal organization probably based in Russia," according to the White House.

Servers whose computer systems are located in North America and Australia were attacked, paralyzing the group's activities in Australia and suspending 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.

US President Joe Biden has announced that he has not ruled out retaliation against Moscow in the wake of the cyberattack.

The FBI said Wednesday that a well-known group of Russian-linked hackers was behind the cybersecurity.

According to the FBI, the Russian cyber group, known as Revil or Sodinokibi, has said it has worked to bring threatening actors to justice. We focus our efforts on imposing risks and consequences and holding responsible cyber actors accountable. Statement included

Recently, several companies have come under widespread cyber attacks.

In early May, the Colonial Pipeline Group, a cyberattack target, admitted to paying hackers $ 4.4 million.

On Monday, US officials announced that they had recovered some of the money.

The colonial pipeline attack has caused significant gas supply problems in the southeastern United States for several days.

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

The hackers collected at least $18 billion in ransom last year, according to security firm Amazon.