Meat company JBS confirms it paid multi-million dollar ransom in cyberattack

A worker heads into the JBS meatpacking plant in Greeley, Colorado. The world’s largest meat processing company says it paid the equivalent of 11 million dollars to hackers who broke into its computer system late last month (David Zalubowski/AP)

The world’s largest meat processing company says it paid the equivalent of 11 million dollars (£7.8 million) to hackers who broke into its computer system late last month.

Brazil-based JBS SA said on May 31 that it was the victim of a ransomware attack, but Wednesday was the first time the company’s US division confirmed it had paid the ransom.