JBS CEO Says Company Paid $11M in Ransom

4 days ago 30

The determination to wage attackers was a hard one, CEO Andre Nogueira said successful a statement.

JBS USA, the nutrient producer recently hit with a ransomware attack, paid the equivalent of $11 cardinal successful ransom to attackers, its enactment has confirmed. 

Andre Nogueira, CEO of JBS USA, said successful a connection that the determination to pay was made aft consulting with interior IT professionals and third-party cybersecurity experts. The institution made the determination to "mitigate immoderate unforeseen issues related to the onslaught and guarantee nary information was exfiltrated." At the clip of payment, the immense bulk of the company's facilities were operational. 

"This was a precise hard determination to marque for our institution and for maine personally," Nogueira said. "However, we felt this determination had to beryllium made to forestall immoderate imaginable hazard for our customers."

JBS USA also noted it was capable to rapidly mitigate the effects of the attack due to its "cybersecurity protocols, redundant systems and encrypted backup servers." JBS spends much than $200 cardinal annually connected IT and employs much than 850 IT professionals, according to the statement.

The full statement from JBS tin beryllium found here.

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