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JBS paid $11 million in response to ransomware attack

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(Reuters) – JBS USA, subsidiary of Brazilian firm JBS SA (OTC:JBSAY), confirmed in a statement on Wednesday the company paid the equivalent of $11 million in ransom in response to a criminal hack against its operations.

The world’s largest meat producer canceled shifts at its U.S. and Canadian meat plants last week, after JBS said it was hit with a crippling cyberattack that threatened to disrupt food supply chains and inflate food prices.

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