JBS USA said it paid $11 million in ransom to the criminals responsible for the cyber attack that disrupted operations across North America and Australia, the latest high profile example of large corporations falling prey to extortion.
“This was a very difficult decision to make for our company and for me personally,” JBS USA chief executive Andre Nogueira said in a statement. “However, we felt this decision had to be made to prevent any potential risk for our customers.”
A spokesperson for JBS Brazil said the ransom payment was made in Bitcoin.
A White House National Security Council spokesperson said Wednesday night that “private companies should not pay ransom. It encourages and enriches these malicious actors, continues the cycle of these attacks, and there is no guarantee companies get their data back.”
The spokesperson, who did not mention JBS, reiterated calls for more cooperation between the government and the private sector to deter ransomware attacks and for companies to “put in place the cybersecurity defenses to meet the threat.”
The cyber attack on May 30 forced the Sao Paulo-based meat giant to shut down all of its beef plants in the US, accounting for almost a quarter of American supplies. It also halted slaughter operations across Australia and idled one of Canada’s largest beef plants. The FBI has attributed the incident to REvil, a hacking group that researchers say has links to Russia.
The global shutdowns alarmed the agricultural industry and raised concerns about food security as hackers increasingly target critical infrastructure. Operations have returned to normal levels and the company expected lost production to be fully recovered by the end of this week.
Dow Jones had earlier reported the JBS ransom payment.
JBS is the latest company to pay hackers after a cyberattack. Colonial Pipeline paid $4.4m, or 75-Bitcoin, in ransom after a hack that forced it to shut the largest fuel pipeline in the US on May 7, driving up gasoline prices and sparking shortages at filling stations.
Later, the US recouped 63.7 Bitcoin, a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation’s borders. Because of the declining value of Bitcoin since the Colonial ransom was paid, the US seizure in late May amounted to $2.3m, just over half the ransom paid weeks earlier.
The recent spate of cyber attacks has prompted lawmakers to push for greater transparency on ransom payments. Mark Warner, chairman of the Senate Intelligence Committee, said it’s “worth having” a debate over whether to make paying ransoms illegal for US companies as it exacerbates and accelerates the problem.
JBS in its latest statement said the vast majority of the company’s facilities were operational at the time of payment. It made the decision to “mitigate any unforeseen issues related to the attack and ensure no data was exfiltrated” in consultation with internal IT professionals and third-party cybersecurity experts.
The company added it has maintained constant communications with government officials throughout the incident, and that third-party forensic investigations are still ongoing.
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
The stats
Ship name: MSC Bellissima
Ship class: Meraviglia Class
Delivery date: February 27, 2019
Gross tonnage: 171,598 GT
Passenger capacity: 5,686
Crew members: 1,536
Number of cabins: 2,217
Length: 315.3 metres
Maximum speed: 22.7 knots (42kph)
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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MATCH INFO
Liverpool 0
Stoke City 0
Man of the Match: Erik Pieters (Stoke)
THE SPECS
Engine: 6.0-litre, twin-turbocharged W12
Transmission: eight-speed automatic
Power: 626bhp
Torque: 900Nm
Price: Dh1,050,000
On sale: now
SPECS
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Sweet%20Tooth
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BUNDESLIGA FIXTURES
Saturday, May 16 (kick-offs UAE time)
Borussia Dortmund v Schalke (4.30pm)
RB Leipzig v Freiburg (4.30pm)
Hoffenheim v Hertha Berlin (4.30pm)
Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Brief scores:
Toss: Nepal, chose to field
UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23
Nepal 132-7: Jora 53 not out; Zahoor 2-17
Result: UAE won by 21 runs
Series: UAE lead 1-0
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Directed: Smeep Kang
Produced: Soham Rockstar Entertainment; SKE Production
Cast: Rishi Kapoor, Jimmy Sheirgill, Sunny Singh, Omkar Kapoor, Rajesh Sharma
Rating: Two out of five stars
Mohammed bin Zayed Majlis
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
More from Neighbourhood Watch:
Sheer grandeur
The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.
A clear distinction between the residences and the Raffles hotel with the amenities operated separately.
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UAE currency: the story behind the money in your pockets
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
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Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
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THREE
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How much of your income do you need to save?
The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.
In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)
Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.
The Ashes
Results
First Test, Brisbane: Australia won by 10 wickets
Second Test, Adelaide: Australia won by 120 runs
Third Test, Perth: Australia won by an innings and 41 runs
Fourth Test: Melbourne: Drawn
Fifth Test: Australia won by an innings and 123 runs
The biog
Name: Salvador Toriano Jr
Age: 59
From: Laguna, The Philippines
Favourite dish: Seabass or Fish and Chips
Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.
Leading all-time NBA scorers
Kareem Abdul-Jabbar 38,387
Karl Malone 36,928
Kobe Bryant 33,643
Michael Jordan 32,292
LeBron James 31,425
Wilt Chamberlain 31,419
