Saudi Press

Saudi Arabia and the world
Sunday, Nov 23, 2025

Major Meat Producer JBS Paid Hackers $11 Million in Bitcoin After Cyberattack, CEO Reveals

Major Meat Producer JBS Paid Hackers $11 Million in Bitcoin After Cyberattack, CEO Reveals

JBS is a Brazilian company considered to be one of the world’s largest producers of both beef and poultry, establishing a foothold in the US, Australia, Canada, Mexico, New Zealand and the UK. However, within the US, operating as JBS USA Holdings Inc., the company is known as the top dog in the industry.

JBS USA Holdings Inc. recently forked over $11 million in bitcoin to cybercriminals who attacked the company’s operating systems as part of a larger effort to avoid any further disruptions to the business, the supplier has revealed.

Andre Nogueira, the chief executive officer of the company’s US division, disclosed to the Wall Street Journal on Wednesday that the hefty bitcoin payout was done after the majority of the JBS’ plants had resumed operations.

“It was very painful to pay the criminals, but we did the right thing for our customers,” the company chief said, adding that the company tech experts warned hackers could attack again despite their efforts to mitigate the effects of the cyberattack. “We didn’t think we could take this type of risk that something could go wrong in our recovery process.”

“It was insurance to protect our customers,” Nogueira underscored, referring to the decision to pay the ransom.

Although officials did immediately alert US federal authorities about the ransomware incident, Nogueira revealed they also had cybersecurity experts and fellow consultants starting to negotiate with the attackers, who were later identified as the REvil group.

Employees walk around with face masks at the JBS USA meat packing plant, which on Monday was closed after numerous employees tested positive and two have died from the coronavirus disease (COVID-19), in Greeley, Colorado, U.S., April 14, 2020


At present, the company is still unsure about how the cybercriminals managed to gain access to JBS’ systems. The CEO explained that the company was able to quickly resume operations as it maintains an encrypted, secondary backup system.

Nogueira declined to specify when the payout was issued, as well as name the cybersecurity experts it had been working alongside during the hacking event. The official did state the company is certain information regarding its customers, suppliers and employees was not compromised.

JBS first announced that it had been victim to a cyberattack on May 31, a day after the incident actually took place. It was not until June 3 that the company declared it had restored its systems and was “fully operational.”

Incidentally, the cyberattack came a few weeks after hackers targeted the Colonial Pipeline and forced a six-day shutdown to one of the US’ largest fuel suppliers. At the time, it was revealed pipeline officials paid hackers $4.4 million to the DarkSide cybercriminal group. However, the US Department of Justice announced earlier this week that it had managed to recover the “majority” of the funds.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Saudi Arabia Charts Tech and Nuclear Leap Under Crown Prince’s U.S. Visit
Trump Elevates Saudi Arabia to Major Non-NATO Ally Amid Defense Deal
Trump Elevates Saudi Arabia to Major Non-NATO Ally as MBS Visit Yields Deepened Ties
Iran Appeals to Saudi Arabia to Mediate Restart of U.S. Nuclear Talks
Musk, Barra and Ford Join Trump in Lavish White House Dinner for Saudi Crown Prince
Lawmaker Seeks Declassification of ‘Shocking’ 2019 Call Between Trump and Saudi Crown Prince
US and Saudi Arabia Forge Strategic Defence Pact Featuring F-35 Sale and $1 Trillion Investment Pledge
Saudi Sovereign Wealth Fund Emerges as Key Contender in Warner Bros. Discovery Sale
Trump Secures Sweeping U.S.–Saudi Agreements on Jets, Technology and Massive Investment
Detroit CEOs Join White House Dinner as U.S.–Saudi Auto Deal Accelerates
Netanyahu Secures U.S. Assurance That Israel’s Qualitative Military Edge Will Remain Despite Saudi F-35 Deal
Ronaldo Joins Trump and Saudi Crown Prince’s Gala Amid U.S.–Gulf Tech and Investment Surge
U.S.–Saudi Investment Forum Sees U.S. Corporate Titans and Saudi Royalty Forge Billion-Dollar Ties
Elon Musk’s xAI to Deploy 500-Megawatt Saudi Data Centre with State-backed Partner HUMAIN
U.S. Clears Export of Advanced AI Chips to Saudi Arabia and UAE Amid Strategic Tech Partnership
xAI Selects Saudi Data-Centre as First Customer of Nvidia-Backed Humain Project
A Decade of Innovation Stagnation at Apple: The Cook Era Critique
President Trump Hosts Saudi Crown Prince Mohammed bin Salman in Washington Amid Strategic Deal Talks
Saudi Crown Prince to Press Trump for Direct U.S. Role in Ending Sudan War
Trump Hosts Saudi Crown Prince: Five Key Takeaways from the White House Meeting
Trump Firmly Defends Saudi Crown Prince Over Khashoggi Murder Amid Washington Visit
Trump Backs Saudi Crown Prince Over Khashoggi Killing Amid White House Visit
Trump Publicly Defends Saudi Crown Prince Over Khashoggi Killing During Washington Visit
President Donald Trump Hosts Saudi Crown Prince Mohammed bin Salman at White House to Seal Major Defence and Investment Deals
Saudi Arabia’s Solar Surge Signals Unlikely Shift in Global Oil Powerhouse
Saudi Crown Prince Receives Letter from Iranian President Ahead of U.S. Visit
Saudi Arabia’s Crown Prince Begins Washington Visit to Cement Long-Term U.S. Alliance
Saudi Crown Prince Meets Trump in Washington to Deepen Defence, AI and Nuclear Ties
Saudi Arabia Accelerates Global Mining Strategy to Build a New Economic Pillar
Crown Prince Mohammed bin Salman Arrives in Washington to Reset U.S.–Saudi Strategic Alliance
Saudi-Israeli Normalisation Deal Looms, But Riyadh Insists on Proceeding After Israeli Elections
Saudis Prioritise US Defence Pact and AI Deals, While Israel Normalisation Takes Back Seat
Saudi Crown Prince’s Washington Visit Aims to Advance Defence, AI and Nuclear Cooperation
Saudi Delegation Strengthens EU–MENA Security Cooperation in Lisbon
Saudi Arabia’s Fossil-Fuel Dominance Powers Global Climate Blockade
Trump Organization Engages Saudi Government-Owned Real-Estate Deal Amid White House Visit
Trump Organization Nears Billion-Dollar Saudi Real Estate Deal Amid White House Diplomacy
Israel Presses U.S. to Tie Saudi F-35 Sale to Formal Normalisation
What We Know Now: Donald Trump’s Financial Ties to Saudi Arabia
Saudi Arabia’s Ambitious Defence Wish List for Washington: From AI Drones to Nuclear Umbrella
Analysis Shows China, Saudi Arabia and UAE among Major Recipients of Climate Finance Loans
Why a Full Saudi–Israel Normalisation Deal Eludes Trump’s Reach
Trump Presses Saudi Arabia to Normalise Ties with Israel as MBS Prepares for White House Visit
US-Saudi Summit Set for November 18 Seeks Defence Pact and Israel Normalisation Momentum
Comcast CEO Brian Roberts Visits Saudi Arabia Amid Potential Bid for Warner Bros. Discovery
Cristiano Ronaldo Embraces Saudi Arabia’s 2034 World Cup Vision with Key Role
Saudi Arabia’s Execution Campaign Escalates as Crown Prince Readies U.S. Visit
Trump Unveils Middle East Reset: Syria Re-engaged, Saudi Ties Amplified
Saudi Arabia to Build Future Cities Designed with Tourists in Mind, Says Tourism Minister
Saudi Arabia Advances Regulated Stablecoin Plans with Global Crypto Exchange Support
×