Food giant JBS pays $ 11 million ransom to hackers

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Brazilian agri-food giant GPS, the world’s largest meat packing company, announced that it had paid a $ 11 million ransom in bitcoin to hackers who attacked it.

According to the Emirates statement website, André Nogueira, CEO of the group’s US division, said in a statement that paying the ransom “was a very painful decision for our company and for me personally.” “However, we felt the need to make this decision to prevent any potential risks to our customers,” he added.

The statement stated that the company paid “a ransom of $ 11 million in response to criminal hacker interference in its activities.”

In an interview with The Wall Street Journal, Nogueira said the ransom was paid in the bitcoin cryptocurrency.

The statement stated that “the vast majority of the company’s businesses were operational at the time of payment,” it noted that the group had decided to pay the ransom “to avoid data leakage” and “to avoid any unexpected problems associated with the attack.”

According to the White House, the American branch of the Brazilian group notified the US authorities that it was subjected to a cyberattack using ransomware obtained from “a criminal organization likely based in Russia.”

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