In this file:
· JBS ransomware attack underscores threat facing meat industry
· Russia-Linked Group Behind JBS Attack Revels in ‘Audaciousness’
· Cyberattack on meat giant JBS has industry looking to fortify defenses
JBS ransomware attack underscores threat facing meat industry
By Sylvan Lane, The Hill
A ransomware attack that temporarily froze the country’s second biggest producer of beef, pork and poultry upended the national food system this week, highlighting the vulnerabilities in the highly consolidated meat industry.
Hackers believed to have originated in Russia forced JBS SA to shut down its US operations, cutting off the supplier of roughly 25 percent of beef and 20 percent of pork and poultry.
JBS is expected to restart packaging at full capacity by the end of Wednesday, reducing the impact of the shutdown to a small but manageable bump to beef and pork prices that were already trending higher.
“The most recent attack will only exacerbate what was already a very difficult market, one that reflects the resurgence in demand post COVID lockdowns; the bullwhip effect from as food service supply chain recovers; the tight labor situation along the supply chain; and various logistics bottlenecks,” wrote analysts at Steiner Consulting Group on Tuesday.
“The tendency will be to view the attack as the reason why prices are going up and, if consumers panic, that could end up being a self fulfilling prophecy. The reality is, however, prices will be up due to the fact that processing capacity simply cannot keep up with the level of demand in the market.”
Prices for meat...
Russia-Linked Group Behind JBS Attack Revels in ‘Audaciousness’
· Revil recruits talent online and promises profits for partners
· Companies with cyber-insurance ‘tastiest morsels’ for hackers
By Jamie Tarabay, Bloomberg
June 2, 2021
They patronize hacking forums to recruit affiliates, advertise profit-sharing schemes and provide interviews on their techniques.
REvil, the Russian-linked hacker group the FBI said is responsible for the cyberattack on JBS SA, the largest meat producer in the world, has emerged as one of the most prolific -- and public -- ransomware groups in recent years.
The hackers, also known as Sodinokibi, have been at the forefront of the ransomware-as-a-service model of cyberattacks since the group first came to prominence as a security threat in 2019. In this model, hacker groups provide malware for others to use in an attack in exchange for a cut of the ransom payments. In order to recruit talent, REvil deposited $1 million in Bitcoin as a way to give potential affiliates peace of mind that they would get paid.
“Audaciousness is part of their persona,” said Allan Liska, a senior threat analyst at the cybersecurity firm Recorded Future Inc.
Ransomware has become a thorny problem for the Biden administration, particularly after an attack last month on Colonial Pipeline Co. squeezed fuel supplies along the East Coast. Other recent attacks have targeted the police department in Washington, D.C., a hospital network in California and now a major meat supplier...
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Cyberattack on meat giant JBS has industry looking to fortify defenses
By Perry Beeman, Missouri Independent
June 3, 2021
A ransomware attack on the world’s largest meatpacking company this week drew attention to the need for more cybersecurity in agriculture.
JBS plants across the U.S. had moved toward reopening at full capacity late Wednesday after a cyberattack on servers. The White House said a Russian crime organization is likely to blame.
President Joe Biden has been preparing for talks with Russia, which has been accused of interfering with U.S. elections and with the operation of the Colonial Pipeline.
When a reporter asked President Joe Biden on Wednesday if he would retaliate against Russian leader Vladimir Putin for the latest ransomware attack, Biden said, “We’re looking closely at that issue.”
Asked if Putin was testing him, Biden said, “No.”
Some feared that the hacking at JBS would mean a return to even higher prices at meat markets, and maybe shortages. There were no reports of that happening as of Wednesday, however.
The incident had more than meatpacking plant operators nervous. Hog producers were, too.