OMAHA, Neb.—JBS has agreed to pay $20 million to settle a lawsuit with consumers that accused the giant meat producer of conspiring with other meat companies to inflate the price of pork. The latest meat-industry settlement will likely reinforce concerns that the White House, members of Congress, and trade groups have raised about how the…
Australian Meat Supply Chains at Greater Risk of Cyberattack After JBS Takeover of Major Pork Producer
A proposal by the world’s largest meat processing company JBS to acquire Australian pork producer Rivalea has sparked concerns that the merger could cripple Australia’s meat supply chain if a JBS were subject to a cyber hack, as it was in May. The proposal, which needs approval from Australia’s Foreign Investment Review Board and the…
Ransomware Is the Most Significant Cyber Threat to Australians
June 15, 2021
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Assistance Defence Minister Andrew Hastie has launched a new cybersecurity campaign to focus on ransomware after it became one of the most significant cyber threats that Australians and Australian businesses face in the past year. Ransomware is where cybercriminals use malicious software to deny access to files and devices, then demand the victim to pay a…
JBS ‘Fully Operational’ After Ransomware Attack, Any Lost Meat Production to Be Recovered Within a Week
Meat-producing giant JBS announced Thursday that it has resumed normal operations at all of its global facilities following a production-crippling ransomware attack, adding that it expects any lost meat production to be “fully recovered by the end of next week.” In a Thursday statement, JBS said all its plants are now fully operational, crediting a “swift response,…
Russia-Linked Group REvil Responsible For JBS Cyberattack: FBI
A Russia-linked hacking group was behind the ransomware attack that has disrupted operations at JBS Foods, the world’s largest meat supplier, the FBI said on Wednesday. “We have attributed the JBS attack to REvil and Sodinokibi and are working diligently to bring the threat actors to justice,” the FBI said in a statement. “We continue…
NTD Business Full Broadcast (June 2)
Meat producer JBS getting back online following a cyberattack earlier this week. Is that enough time to fix the problem? And how secure is the food industry in general? AMC shares more than doubled to record highs today. It’s trying to attract retail investors with rewards like free popcorn. The Biden administration suspends some oil and gas…
Largest Meat Producer Getting Back Online After Cyberattack
CANBERRA, Australia—The world’s largest meat processing company is getting back online after production around the world was disrupted by a cyberattack just weeks after a similar incident shut down a U.S. oil pipeline. Brazil’s JBS SA said late Tuesday that it had made “significant progress” in dealing with the cyberattack and expected the “vast majority”…
White House Responds, US Meat Supply Under Strain After Cyberattack Hits JBS Foods
The White House Tuesday said that the cyberattack affecting meatpacking firm JBS Foods’ systems appeared to originate in Russia and said the administration is offering assistance. “JBS notified the administration that the ransom demand came from a criminal organization, likely based in Russia,” White House principal deputy press secretary Karine Jean-Pierre told reporters, adding that…
World’s Largest Meat Processor JBS Hit by ‘Cybersecurity Attack,’ Shifts Canceled
JBS Foods, the world’s largest meat supplier, said in a statement that it was targeted by an “organized cybersecurity attack” on Sunday. The firm said that some of its Australian and North American servers were impacted by the attack and “took immediate action” by suspending all impacted systems and notifying the relevant authorities. “The company’s…
Cyberattack Paralyses JBS Meatworks Across Australia and North-South America
A cyberattack has paralysed the world’s largest meat processing company JBS with operations shutting down in Australia and further stoppages expected across North and South America. Australian subsidiary, JBS Australia, was forced to close its operations on Monday and cancel its beef and lamb processing orders as a response. CEO Brent Eastwood confirmed the attack…
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