JBS, the largest beef supplier in the world, paid the ransomware hackers who breached its computer networks about $11M, the company says.
The company was hacked in May by REvil, one of a number of Russian-speaking hacker gangs, leading to meat plants across the U.S. and Australia shutting down for at least a day. News of the payment was first reportedLike many ransomware groups, REvil has made millions in recent years by hacking organizations, encrypting their files and demanding a fee, often a large bitcoin payment, in exchange for a decryptor program and a promise not to leak those files to the public.
"At the time of payment, the vast majority of the company’s facilities were operational," the company said in an emailed statement, adding that it"made the decision to mitigate any unforeseen issues related to the attack and ensure no data was exfiltrated." "For an organization like theirs, it feels like it's a pretty common extortion demand," Carmakal said.
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