London Daily

Focus on the big picture.
Wednesday, Dec 03, 2025

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
UK Plans Major Cutback to Jury Trials as Crown Court Backlog Nears 80,000
UK Government to Significantly Limit Jury Trials in England and Wales
U.S. and U.K. Seal Drug-Pricing Deal: Britain Agrees to Pay More, U.S. Lifts Tariffs
UK Postpones Decision Yet Again on China’s Proposed Mega-Embassy in London
Head of UK Budget Watchdog Resigns After Premature Leak of Reeves’ Budget Report
Car-sharing giant Zipcar to exit UK market by end of 2025
Reports of Widespread Drone Deployment Raise Privacy and Security Questions in the UK
UK Signals Security Concerns Over China While Pursuing Stronger Trade Links
Google warns of AI “irrationality” just as Gemini 3 launch rattles markets
Top Consultancies Freeze Starting Salaries as AI Threatens ‘Pyramid’ Model
Macron Says Washington Pressuring EU to Delay Enforcement of Digital-Regulation Probes Against Meta, TikTok and X
UK’s DragonFire Laser Downs High-Speed Drones as £316m Deal Speeds Naval Deployment
UK Chancellor Rejects Claims She Misled Public on Fiscal Outlook Ahead of Budget
Starmer Defends Autumn Budget as Finance Chief Faces Accusations of Misleading Public Finances
EU Firms Struggle with 3,000-Hour Paperwork Load — While Automakers Fear De Facto 2030 Petrol Car Ban
White House launches ‘Hall of Shame’ site to publicly condemn media outlets for alleged bias
UK Budget’s New EV Mileage Tax Undercuts Case for Plug-In Hybrids
UK Government Launches National Inquiry into ‘Grooming Gangs’ After US Warning and Rising Public Outcry
Taylor Swift Extends U.K. Chart Reign as ‘The Fate of Ophelia’ Hits Six Weeks at No. 1
250 Still Missing in the Massive Fire, 94 Killed. One Day After the Disaster: Survivor Rescued on the 16th Floor
Trump: National Guard Soldier Who Was Shot in Washington Has Died; Second Soldier Fighting for His Life
UK Chancellor Reeves Defends Tax Rises as Essential to Reduce Child Poverty and Stabilise Public Finances
No Evidence Found for Claim That UK Schools Are Shifting to Teaching American English
European Powers Urge Israel to Halt West Bank Settler Violence Amid Surge in Attacks
"I Would Have Given Her a Kidney": She Lent Bezos’s Ex-Wife $1,000 — and Received Millions in Return
European States Approve First-ever Military-Grade Surveillance Network via ESA
UK to Slash Key Pension Tax Perk, Targeting High Earners Under New Budget
UK Government Announces £150 Annual Cut to Household Energy Bills Through Levy Reforms
UK Court Hears Challenge to Ban on Palestine Action as Critics Decry Heavy-Handed Measures
Investors Rush Into UK Gilts and Sterling After Budget Eases Fiscal Concerns
UK to Raise Online Betting Taxes by £1.1 Billion Under New Budget — Firms Warn of Fallout
Lamine Yamal? The ‘Heir to Messi’ Lost to Barcelona — and the Kingdom Is in a Frenzy
Warner Music Group Drops Suit Against Suno, Launches Licensed AI-Music Deal
HP to Cut up to 6,000 Jobs Globally as It Ramps Up AI Integration
MediaWorld Sold iPad Air for €15 — Then Asked Customers to Return Them or Pay More
UK Prime Minister Sir Keir Starmer Promises ‘Full-Time’ Education for All Children as School Attendance Slips
UK Extends Sugar Tax to Sweetened Milkshakes and Lattes in 2028 Health Push
UK Government Backs £49 Billion Plan for Heathrow Third Runway and Expansion
UK Gambling Firms Report £1bn Surge in Annual Profits as Pressure Mounts for Higher Betting Taxes
UK Shares Advance Ahead of Budget as Financials and Consumer Staples Lead Gains
Domino’s UK CEO Andrew Rennie Steps Down Amid Strategic Reset
UK Economy Stalls as Reeves Faces First Budget Test
UK Economy’s Weak Start Adds Pressure on Prime Minister Starmer
UK Government Acknowledges Billionaire Exodus Amid Tax Rise Concerns
UK Budget 2025: Markets Brace as Chancellor Faces Fiscal Tightrope
UK Unveils Strategic Plan to Secure Critical Mineral Supply Chains
UK Taskforce Calls for Radical Reset of Nuclear Regulation to Cut Costs and Accelerate Build
UK Government Launches Consultation on Major Overhaul of Settlement Rules
Google Struggles to Meet AI Demand as Infrastructure, Energy and Supply-Chain Gaps Deepen
Car Parts Leader Warns Europe Faces Heavy Job Losses in ‘Darwinian’ Auto Shake-Out
×