News and Updates on Information Technology

United States – JBS SA

Exploit: Ransomware

JBS SA: Meat Processor

cybersecurity news gauge indicating extreme risk

Risk to Business: 1.221 = Extreme

International meat supplier JBS SA has been hit by a ransomware attack. The world’s largest meat producer, Brazil-based JBS has operations in 15 countries and serves customers worldwide including the US, Australia and Canada. The company is in contact with federal officials and has brought in a “top firm” to investigate and remediate the incident which is potentially tied to nation-state cybercrime. JBS stated that the attack only impacts some supplier transactions and no data was stolen.

Individual Impact: No sensitive personal or financial information was reported as compromised in this incident and the investigation is ongoing.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Ransomware is the preferred weapon of cybercriminals, especially of the nation-state variety, for its potential for business disruption without even stealing data.