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    Home > Food News > Food Articles > The world's largest meat processor is "hacked"!

    The world's largest meat processor is "hacked"!

    • Last Update: 2021-06-04
    • Source: Internet
    • Author: User
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    Following the hacker attack on the large-scale U.
    S.
    refined oil pipeline operator "Colonier" last month, the world's meat processing giant JBS was also "hacked" recently .
    Some factories in North America and Australia were affected.
    The wholesale price of meat has risen.
     
    The ransom demand of the hacker organization has not yet been exposed.
    So, what is the specific impact of this cyber attack and the follow-up solution?
     
    The JBS company that was hacked this time is the world’s largest meat processor.
    According to Reuters, last year the company’s global meat exports totaled US$13.
    6 billion, and China accounted for nearly one-third of it.
     
    Last year, more than half of China's beef imported from the United States was produced by JBS.
    Therefore, if the impact of the incident continues, it will likely have a greater impact on the international market.
    According to JBS, the main affected markets at this stage are North America and Australia.
     
    According to Bloomberg News on Tuesday, all beef plants of JBS in the United States have been forced to shut down.
    According to industry estimates, JBS controls roughly 20% of the U.
    S.
    cattle and pig slaughter capacity.
    The shutdown caused by the attack has had a significant impact on the US meat market.
     
    US Department of Agriculture data show that on Tuesday, the cattle slaughter of American meat processors was reduced by 22% from the previous week; the slaughter of pigs was reduced by 20% from the previous week.
    In addition, wholesale prices have also risen accordingly.
    In Canada, some JBS factories have also shut down.
    JBS is also Australia's largest meat processor, and thousands of local employees have stopped work for two consecutive days on Monday and Tuesday.
     
    According to JBS, their data backup system has not been attacked.
    This may be the relatively lucky part of the whole incident, and due to the progress of related work, they expect more factories to resume work on Wednesday.
    However, it may take some time to fully recover.
     
    The attack on JBS was another major cyber attack on a global scale following the previous attacks on Colonial in the United States and the Irish health system, and the purpose was also to demand a ransom.
     
      Statistics show that in the past few years, the total amount of ransom payments due to hacker attacks has continued to rise.
    In the past year, it has soared by 311%, approaching 350 million US dollars.
    When hacked, whether the ransom should be paid is also a topic of controversy.
     
      Hugh Gordon, former deputy director of the Office of the Director of National Intelligence: I understand that companies will pay a ransom to resume business as soon as possible, but I want to say that if you do so, you will lose, because you don’t know whether there are loopholes in the network and whether hackers will do it again.
    To launch cyber attacks, government departments should step in and set standards, especially for listed companies, to tell companies how to pay and respond to cyber attacks.
     
      At present, it is unclear how JBS will resolve it and whether it will choose to pay the ransom.
      Following the hacker attack on the large-scale U.
    S.
    refined oil pipeline operator "Colonier" last month, the world's meat processing giant JBS was also "hacked" recently .
    Some factories in North America and Australia were affected.
    The wholesale price of meat has risen.
    U.
    S.
    meat prices in Australia
     
      The ransom demand of the hacker organization has not yet been exposed.
    So, what is the specific impact of this cyber attack and the follow-up solution?
     
      The JBS company that was hacked this time is the world’s largest meat processor.
    According to Reuters, last year the company’s global meat exports totaled US$13.
    6 billion, and China accounted for nearly one-third of it.
     
      Last year, more than half of China's beef imported from the United States was produced by JBS.
    Therefore, if the impact of the incident continues, it will likely have a greater impact on the international market.
    According to JBS, the main affected markets at this stage are North America and Australia.
     
      According to Bloomberg News on Tuesday, all beef plants of JBS in the United States have been forced to shut down.
    According to industry estimates, JBS controls roughly 20% of the U.
    S.
    cattle and pig slaughter capacity.
    The shutdown caused by the attack has had a significant impact on the US meat market.
     
      US Department of Agriculture data show that on Tuesday, the cattle slaughter of American meat processors was reduced by 22% from the previous week; the slaughter of pigs was reduced by 20% from the previous week.
    In addition, wholesale prices have also risen accordingly.
    In Canada, some JBS factories have also shut down.
    JBS is also Australia's largest meat processor, and thousands of local employees have stopped work for two consecutive days on Monday and Tuesday.
     
      According to JBS, their data backup system has not been attacked.
    This may be the relatively lucky part of the whole incident, and due to the progress of related work, they expect more factories to resume work on Wednesday.
    However, it may take some time to fully recover.
     
      The attack on JBS was another major cyber attack on a global scale following the previous attacks on Colonial in the United States and the Irish health system, and the purpose was also to demand a ransom.
     
      Statistics show that in the past few years, the total amount of ransom payments due to hacker attacks has continued to rise.
    In the past year, it has soared by 311%, approaching 350 million US dollars.
    When hacked, whether the ransom should be paid is also a topic of controversy.
     
      Hugh Gordon, former deputy director of the Office of the Director of National Intelligence: I understand that companies will pay a ransom to resume business as soon as possible, but I want to say that if you do so, you will lose, because you don’t know whether there are loopholes in the network and whether hackers will do it again.
    To launch cyber attacks, government departments should step in and set standards, especially for listed companies, to tell companies how to pay and respond to cyber attacks.
     
      At present, it is unclear how JBS will resolve it and whether it will choose to pay the ransom.
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