BitcoinWarrior

News and Education

Meatpacking giant JBS pays $11 million to ransomware hackers

Published by
The Bangkok Post

WASHINGTON: JBS, one of the world’s biggest meat processors, has paid bitcoin worth $11 million in ransom to hackers to prevent any further disruption after a paralyzing cyberattack believed to have originated in Russia. Hackers targeted the computer systems of Brazil-based JBS last week, impacting production and operations in the United States, Australia and Canada, and issued a ransom demand to the global meatpacking giant. The company’s US subsidiary said Wednesday it had paid the equivalent of $11 million to the attackers. “This was a very difficult decision to make for our company and for…

Read More