JBS


Videos

Meat Supplier JBS Paid $11M in Bitcoin to Hackers After Ransomware Attack

JBS USA Holdings Inc., the largest meat producer globally by sales, was hit with a ransomware attack and revealed that it paid hackers $11 million in bitcoin to solve the issue. "The Hash" panel continues the ongoing conversation around the role of cryptocurrency in ransomware, and the actions regulators need to take to resolve such attacks.

Recent Videos

Markets

World's Largest Meat Company Pays $11M in Bitcoin Ransomware Attack

The attack on the world's largest meat producer bore similarities to one on Colonial Pipeline two weeks earlier.

The JBS Beef Production Facility in Greeley, Colo.

Policy

State of Crypto: Ransomware Is a Crypto Problem

The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.

Ransomware's been an issue for years, but recent high-profile attacks are shining a spotlight on the form of cyberattack – and crypto's role in enabling it.

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