30 June, 2021 - 01 July, 2021
05 July, 2021 - 08 July, 2021
06 July, 2021 - 08 July, 2021
10 July, 2021 - 12 July, 2021
14 July, 2021 - 16 July, 2021
Ho Chi Minh City, Vietnam
The world’s largest meatpacker was a target of an organised cybersecurity attack on May 30. JBS USA confirmed on June 9 it paid the equivalent of US$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 our customers.”
The FBI stated this is one of the most specialised and sophisticated cybercriminal groups in the world. JBS USA’s ability to quickly resolve the issues resulting from the attack was due to its cybersecurity protocols, redundant systems and encrypted backup servers. The company spends more than US$200 million annually on IT and employs more than 850 IT professionals globally.
JBS USA has maintained constant communications with government officials throughout the incident. Third-party forensic investigations are still ongoing and no final determinations have been made. Preliminary investigation results confirm that no company, customer or employee data was compromised.