Cyberattack leaves Oklahoma beef producers on edge
By Makenzie Burk, KSWO (OK)
Jun. 3, 2021
OKLAHOMA CITY, Okla. (KSWO) - A cyberattack on the world’s largest meat processing company has Oklahoma beef producers on edge again.
It happened as the industry is still recovering from several disruptions in the beef supply chain that happened throughout the pandemic.
The company JBS said an “organized cyber-security attack” targeted some of its servers for North America and Australia.
According to an Oklahoma Ag Economics specialist, the ransomware attack caused a 22% decline in production on Tuesday right after it happened, and a 15% decline in production Wednesday.
He says since it was such a short disruption, there shouldn’t be any huge repercussions to the supply chain, but there will be some.
“Anytime something like this happens we see a whole lot of market volatility and a lot of questions that are tough to answer,” Trent Milacek said...