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JBS USA Confirms Equivalent of $11 Million Ransom Payment to Hackers

In a press release Wednesday, JBS USA confirmed it paid the equivalent of $11 million in ransom in response to the cyberattack last week which affected its North American and Australian IT systems. 

JBS USA was forced to temporarily close its beef and pork processing plants on June 1 following the Memorial Day weekend. Altogether, the company's facilities account for nearly a quarter of the total U.S. daily cattle and hog processing capacity. JBS's U.S. facilities resumed full operations by Friday and are maintaining normal operations so far this week. Week-to-date cattle slaughter is 154,000 head above the week prior. Week-to-date hog slaughter is up...

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