JBS said thatit paid11 million ransom

We recently leanrrn that JBS had paid an $11 million ransomware payment to ensure their data was not sold or used in any way, according to the article by Cyberscoop.

The payment is more than double the $4.4 million that Colonial Pipeline, a major fuel supplier, paid to recover its data in the wake of a separate ransomware attack.

This is rather unfortunate and unexplainable how one company paid 4 million, and the other 11 million, almost tripple the amount. Data is data, and this is really inteeresting why this was the case.

On why they paid the Ransom, the article states: In the same company statement, Andre Nogueira, CEO of JBS’s U.S. division, said it was a “very difficult decision” for the company and for him. “However, we felt this decision had to be made to prevent any potential risk for our customers,” he said.

We don’t really know what was taken, and of course the risk of double extortion is possible with both but we haven’t heard anything about that.

There are plenty of links in the story to various things, so why not check out Meat supplier JBS says it paid $11 million ransom to keep attackers from stealing data for all of the details.

Thanks so much for reading!