In May 2021, JBS, the world’s largest meat processing company, fell victim to a ransomware attack that disrupted its operations across North America and Australia. The attack forced the company to shut down its plants, causing a significant disruption in the global food supply chain. The attack was carried out by a Russian-based hacking group called REvil, who demanded a ransom of $11 million to restore JBS’s systems.
Following the attack, cybersecurity firm BitSight conducted an analysis of JBS’s cybersecurity posture and found that the company had insufficient measures in place to prevent such an attack. BitSight’s analysis revealed that JBS had a low security rating of 1 out of 5, indicating that the company had a high risk of being targeted by cybercriminals.
BitSight’s analysis also found that JBS had several vulnerabilities in its network infrastructure, including outdated software and weak passwords. The company’s employees were also found to be using outdated software and were not trained on how to identify and respond to cyber threats.
The lack of cybersecurity measures at JBS highlights the importance of having robust cybersecurity measures in place to prevent cyber attacks. Cyber attacks can have severe consequences for businesses, including financial losses, reputational damage, and legal liabilities.
To prevent cyber attacks, businesses must implement a comprehensive cybersecurity strategy that includes regular vulnerability assessments, employee training, and the use of up-to-date software and hardware. Businesses must also have a plan in place to respond to cyber attacks quickly and effectively.
In conclusion, the JBS ransomware attack serves as a reminder of the importance of cybersecurity for businesses. Companies must take proactive measures to protect their networks and data from cyber threats. By implementing robust cybersecurity measures, businesses can reduce their risk of being targeted by cybercriminals and minimize the impact of cyber attacks.
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- Source: Plato Data Intelligence.