In this file:
· JBS ransomware attack a gut check for Montana ranchers
· JBS, Colonial Pipeline ransomware attacks are just a fraction of what US is up against, DOJ official warns CEOs
JBS ransomware attack a gut check for Montana ranchers
Tom Lutey, Billings Gazette (MT)
Jun 4, 2021
This week's ransomware attack on the world’s largest meatpacker was a gut check for Montana ranchers, still weary after slaughterhouse slowdowns during the previous two years.
The attack, attributed to Russian hackers by the FBI, shut down JBS meatpacking plants for a day and half, during which the U.S. meat processing fell by more than 40,000 carcasses. National news stories zeroed in on whether there would be meat shortages and, of course, higher U.S. retail prices for beef and pork. JBS accounts for 20% of the U.S. supply.
Ranchers understood the shutdown differently, having the suffered the economic consequences of a packing plant slowdown in 2019, followed by COVID-19 stifling meat production in 2020.
Sure, less processing means less meat in grocery stores, but it also means there’s less demand for cattle to slaughter. Any kink in the ability to process U.S. beef usually drives down the price that ranchers are paid.
“In this situation, we are monitoring it very closely. We’re concerned with the situation and these types of attacks,” said Jay Bodnar of the Montana Stockgrowers Association...
JBS, Colonial Pipeline ransomware attacks are just a fraction of what US is up against, DOJ official warns CEOs
Josh Meyer, USA TODAY
Jun 4 2021
A top Justice Department official issued an extraordinary plea to the nation’s CEOs on Friday to batten down the digital hatches against an expected onslaught of devastating ransomware attacks, saying the malicious hacks that shut down the Colonial Pipeline and meat supply networks were just the beginning.
“The message needs to be to the viewers here, to the CEOs around the country, that you’ve got to be on notice of the exponential increase of these attacks,” Deputy Attorney General Lisa Monaco told CNBC‘s Eamon Javers in her first televised appearance since joining the Justice Department in April.
The usually soft-spoken Monaco was emphatic in stressing that the recent high-profile hacks of Colonial Pipeline and meat processing company JBS were only a tiny sampling of the attacks against America’s critical infrastructure occurring every day.
“If you are not taking steps — today, right now — to understand how you can make your company more resilient, what is your plan?” Monaco said in a nine-minute interview addressed to the nation’s business leaders.
“If your head of security came to you today and said, ‘We’ve been hit, boss,’ what is your plan? Do you know, and does your head of security know the name and number of the FBI leader in your area who deals with ransomware attacks?” Monaco asked...
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