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JBS USA Cyberattack Media Statement - June 9

From jbsfoodsgroup.com

JBS USA today confirmed it paid the equivalent of $11 million in ransom in response to the criminal hack against its operations. At the time of payment, the vast majority of the company’s facilities were operational. In consultation with internal IT professionals and third-party cybersecurity experts, the company made the decision to mitigate any unforeseen issues related to the attack and ensure no data was exfiltrated. “This was a very difficult decision to make for our company and for me personally,” said Andre Nogueira, CEO, JBS USA. “However, we felt this decision had to be made to prevent any potential risk for ... (full story)

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  • Category: Fundamental Analysis