London Daily

Focus on the big picture.
Wednesday, Sep 02, 2026

Major Meat Producer JBS Paid Hackers $11 Million in Bitcoin After Cyberattack, CEO Reveals

Major Meat Producer JBS Paid Hackers $11 Million in Bitcoin After Cyberattack, CEO Reveals

JBS is a Brazilian company considered to be one of the world’s largest producers of both beef and poultry, establishing a foothold in the US, Australia, Canada, Mexico, New Zealand and the UK. However, within the US, operating as JBS USA Holdings Inc., the company is known as the top dog in the industry.

JBS USA Holdings Inc. recently forked over $11 million in bitcoin to cybercriminals who attacked the company’s operating systems as part of a larger effort to avoid any further disruptions to the business, the supplier has revealed.

Andre Nogueira, the chief executive officer of the company’s US division, disclosed to the Wall Street Journal on Wednesday that the hefty bitcoin payout was done after the majority of the JBS’ plants had resumed operations.

“It was very painful to pay the criminals, but we did the right thing for our customers,” the company chief said, adding that the company tech experts warned hackers could attack again despite their efforts to mitigate the effects of the cyberattack. “We didn’t think we could take this type of risk that something could go wrong in our recovery process.”

“It was insurance to protect our customers,” Nogueira underscored, referring to the decision to pay the ransom.

Although officials did immediately alert US federal authorities about the ransomware incident, Nogueira revealed they also had cybersecurity experts and fellow consultants starting to negotiate with the attackers, who were later identified as the REvil group.

Employees walk around with face masks at the JBS USA meat packing plant, which on Monday was closed after numerous employees tested positive and two have died from the coronavirus disease (COVID-19), in Greeley, Colorado, U.S., April 14, 2020


At present, the company is still unsure about how the cybercriminals managed to gain access to JBS’ systems. The CEO explained that the company was able to quickly resume operations as it maintains an encrypted, secondary backup system.

Nogueira declined to specify when the payout was issued, as well as name the cybersecurity experts it had been working alongside during the hacking event. The official did state the company is certain information regarding its customers, suppliers and employees was not compromised.

JBS first announced that it had been victim to a cyberattack on May 31, a day after the incident actually took place. It was not until June 3 that the company declared it had restored its systems and was “fully operational.”

Incidentally, the cyberattack came a few weeks after hackers targeted the Colonial Pipeline and forced a six-day shutdown to one of the US’ largest fuel suppliers. At the time, it was revealed pipeline officials paid hackers $4.4 million to the DarkSide cybercriminal group. However, the US Department of Justice announced earlier this week that it had managed to recover the “majority” of the funds.

Newsletter

Related Articles

0:00
0:00
Close
Cleveland Police Receive £2 Million to Tackle Serious Crime in Middlesbrough
Number of Young People in England Without a Close Friend Reaches Record Level
Five Arrested After Newborn Baby Dies From Stab Wounds in Sheffield
Nigel Farage Faces Questions Over Reported Second Parliamentary Standards Investigation
UK Retirement Funding Requirement Rises by £64,000 Compared With 2021
UK House Prices Rise for First Time Since April, Nationwide Says
FCA Chief Faces Allegations of Intimidating Consumer Group Over £9 Billion Car Loan Inquiry
Scottish Government Presses Ahead With Cap on Essential Food Prices
Burnham Government Moves to Overhaul Early Prison Release Scheme
UK Records Hottest Summer on Record in 2026, Met Office Says
UK Government Announces Major Reset of Diplomatic Policy Towards Israel
UK Pushes Back After Trump Reopens Falkland Islands Sovereignty Dispute
Keir Starmer Resigns as MP, Triggering Holborn and St Pancras By-Election
Andy Burnham Blames Brexit for UK’s Decade of Weak Growth in First Commons Address
England Faces Renewed Scrutiny Over Sewage Discharges and Water Quality
Victoria Beckham Business Reports First Operating Profit Since Launch
BT Expects £2 Billion From Copper Sales During Full-Fibre Rollout
UK Train Drivers Secure 3.6% Pay Rise and Avert Strike Action
FCA Chief Faces Scrutiny Over Alleged Pressure on Consumer Group in Car Finance Case
Kemi Badenoch Names Andrew Griffith Shadow Chancellor in Conservative Reshuffle
UK House Prices Rise for First Time Since April
UK Shop-Price Inflation Accelerates to 1.5% in August
Met Office Data Point to Hottest UK Summer on Record
UK Announces Emergency Prison Release Measures and £110 Million Capacity Expansion
UK Launches Expanded Free School Meals and 1,400 Breakfast Clubs
Bank of England Governor Warns G20 of AI-Related Economic and Cyber Risks
Prime Minister Andy Burnham Calls for Greater Public Control of Water, Energy and Transport
UK Gains Full Access to £13 Trillion Trans-Pacific Trade Bloc
UK Long-Term Borrowing Costs Hit 28-Year High as Oil Shock Drives Global Bond Selloff
Royal Mail Keeps First-Class Stamps at £1.80 and Second-Class at 91p
Church of England Prepares Formal Apology Over Historical Forced Adoptions
UK Competition Regulator Caps Veterinary Prescription Fees at £21
UK Aviation Authorities Roll Out Airspace Changes to Reduce Flight Delays
England Makes School Allergy Policies Mandatory Under Benedict’s Law
England and Wales Tighten Child Safeguarding Checks by Removing Supervision Exemption
Cornwall Geothermal Plant Begins Commercial Power and Lithium Operations
UK Inflation Holds Near 2.9% as Energy Costs Remain a Risk
UK Productivity Growth Averages 1.1% Over Two Years, Resolution Foundation Says
England Introduces Nationwide School Smartphone Ban and Uniform Limits
UK Gives Border Officers New Powers to Seize Migrants’ Mobile Phones
Green Party Wins First Westminster By-Election in Gorton and Denton
UK and EU Advance Gibraltar Border Deal Allowing Spanish Guards to Conduct Arrival Checks
Robert Jenrick Joins Reform UK After Losing Conservative Whip
Andy Burnham Faces First Prime Minister’s Questions After Labour Cabinet Overhaul
ScottishPower Recycles Nearly All Materials From Historic Hagshaw Hill Wind Farm
Millions Travel Across England, Wales and Northern Ireland for Summer Bank Holiday
Met Office Issues Yellow Thunderstorm Warnings Across Southern England
Four Arrested After Bank Holiday Stabbing Violence in Kettering
Scottish Chamber of Commerce Warns Tax and Business Costs Risk Holding Back Scotland
UK Government Launches Youth Employment Drive With Major Retailers
×