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Global Meat Packers Pay Ransomware Hackers R $ 150 Million

  • One of the world’s largest meat processing companies paid hackers RMB 150 million worth of Bitcoin.
  • The company’s CEO called this a “difficult decision.”
  • This was the second major ransomware attack on US businesses in recent weeks, with ransoms of around R45 billion paid to hackers last year.

JBS, one of the world’s largest meat processors, has given hackers a bit worth $ 11 million (R $ 150 million) to prevent further turmoil after a paralyzed cyberattack believed to have occurred in Russia. I paid a coin.

Millions of dollars have been paid to hackers for the second time in the last few weeks, drawing attention to the widespread threat of ransomware to critical infrastructure, services and businesses.

Hackers targeted Brazil-based JBS computer systems last week, impacting operations in the United States, Australia and Canada. The company’s US subsidiary announced Wednesday that it had paid $ 11 million in ransom.

Andre Nogueira, CEO of JBS USA, said:

“But I felt that this decision had to be made to prevent potential customer risk.”

The company said it paid “to mitigate unexpected problems associated with the attack and prevent data leaks.”

Nogueira told The Wall Street Journal that the ransom was paid in Bitcoin.

JBS hacking was the second major ransomware attack on a major US company in recent weeks.

A cyberattack in May temporarily shut down a huge colonial fuel pipeline network in the eastern United States, causing hoarding in some states.

Colonial paid a $ 4.4 million ransom to regain control and restore operations.

The US Department of Justice then collected $ 2.3 million in Bitcoin, tracked ransom payments, made multiple anonymous transfers, and eventually seized it from the crypto wallet.

Increasing threat

The JBS and Colonial Pipeline attacks follow the 2020 hack of SolarWinds software companies.

Microsoft recently warned that a country-backed Russian group behind the SolarWinds attack reappeared in a series of attacks on government agencies, think tanks, and other groups.

The White House does not directly blame the Kremlin for recent ransomware attacks, only suggesting that criminal groups are operating from within Russia.

But Jen Psaki, a spokesman for President Joe Biden, said, “Responsible states do not have cybercriminals.”

According to cybersecurity experts, many independent ransomware blackmailers appear to be on Russian or former Soviet satellites in Eastern Europe.

The frequency of attacks has become so high that the Department of Justice has raised the severity of the issue to the level of terrorist attacks.

Recent ransomware targets include municipalities, hospitals, insurance companies, and even Massachusetts ferry services.

Last year, ransomware attackers were paid at least $ 18 billion (Rand 245 billion), according to security firm Emsisoft. By 2021, “tens of thousands” of victims have been found.

The increasing threat of such cyberattacks requires stricter legislation and even reporting to private sectors.

“I think the number of companies that are regularly attacked by ransomware attacks and secretly paying in Bitcoin and other cryptocurrencies will shock most people in the business world,” the US Senate Information Committee said. Special Committee Chairman Mark Warner told CNBC last month. After the colonial hack.

Warner is calling for a law that requires businesses to report any attacks to the government to ensure a strong response.

Global Meat Packers Pay Ransomware Hackers R $ 150 Million

Source link Global Meat Packers Pay Ransomware Hackers R $ 150 Million

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