One-Fifth of U.S. Beef Capacity Wiped Out by JBS Cyberattack

[codswollip]

The Good- they actually have backups that work

That was said of Colonial Pipeline in the early days of their attack.

Re:crypto... it is ultimately traceable. There needs to be effort to "follow the money" and execute those involved.

 

[Stopspying]

"Meat giant JBS now fully operational after ransomware attack

JBS, the world's largest beef producer, has confirmed that all its global facilities are fully operational and operate at normal capacity after the REvil ransomware attack that hit its systems last weekend.

On May 31, JBS was also forced to shut down production after REvil ransomware operators breached and encrypted some of its North American and Australian IT system.
The FBI confirmed the REvil ransomware operation is behind the JBS ransomware attack on Wednesday.

The attack on JBS follows another major ransomware incident that forced Colonial Pipeline to shut down the largest US pipeline and pay a $5 million ransom.
JBS is the world's largest beef and poultry producer and the second-largest global pork producer, with facilities and operations in the United States, Australia, Canada, and the United Kingdom.

It has over 245,000 employees worldwide and an extensive portfolio of brands sold to customers from roughly 190 countries on six continents..."

Meat giant JBS now fully operational after ransomware attack

JBS, the world's largest beef producer, has confirmed that all its global facilities are fully operational and operate at normal capacity after the REvil ransomware attack that hit its systems last weekend.

www.bleepingcomputer.com

 

[The_King]

JBS, the world's largest beef producer, has confirmed that they paid an $11 million ransom after the REvil ransomware operation initially demanded $22.5 million.

On May 31, JBS was forced to shut down some of its food production sites after the REvil ransomware operators breached their network and encrypted some of its North American and Australian IT systems.

JBS said they paid $11 million to prevent their stolen data from being publicly leaked and mitigate possible technical issues in a statement released last night.

"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 our customers."

REvil initially demanded a $22.5 million ransom

JBS paid $11 million to REvil ransomware, $22.5M first demanded

JBS, the world's largest beef producer, has confirmed that they paid an $11 million ransom after the REvil ransomware operation initially demanded $22.5 million.

www.bleepingcomputer.com

 

[codswollip]

JBS said they paid $11 million

Saw this coming.

 

[Stopspying]

Saw this coming.

Yes, after the Colonial Pipeline ransomware payment this seemed likely. All in all it seems to me that this is a worrying trend; the likely effort put into these attacks compared to the sums involved in the payoffs is rewarded at levels far above my pay grade. I can see why it appeals as a 'career move' to some. The sums paid out may be small, relative to the businesses' turnovers, but it is a hell of a carrot to dangle as temptation to anyone inclined to try further attacks. Especially when the sums paid to get the relevant tools are so small compared to the 'bounty'.

Dark Web Price Index 2021 - Dark Web Prices of Personal Data

To see just how prevalent items of personal data are being listed on the dark web in 2021, and at what price, we went on a data-gathering mission.

www.privacyaffairs.com

Another take on the JBS ransomware payment -

JBS Paid $11M to REvil Gang Even After Restoring Operations

The decision to pay the ransom demanded by the cybercriminal group was to avoid any further issues or potential problems for its customers, according to the company’s CEO.

threatpost.com