JBS paid $11 million to hackers to resolve ransomware attack

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Major meat producer JBS USA said it paid the equivalent of $11 million to hackers to resolve a ransomware attack that forced the company to shut down its beef plants. 

The company said in a statement on Thursday that it made the decision to “mitigate any unforeseen issues related to the attack and ensure no data was exfiltrated.” 

Andre Nogueira, CEO of JBS USA, told The Wall Street Journal that the company paid the ransom in bitcoin. Continue reading.