JBS paid $11 million in ransomware attack, company says

JBS USA, subsidiary of Brazilian firm JBS SA (JBSS3.SA), said in a statement on Wednesday that the company paid an $11 million ransom in a cyberattack that disrupted much of its North American and Australian operations.

The world’s largest meat producer canceled shifts at its U.S. and Canadian meat plants last week, after the cyberattack that threatened to disrupt food supply chains and inflate food prices.

The Brazilian meatpacker’s arm in the United States and Pilgrims Pride Corp