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Youmanitarian 11 Jun 2021

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Meat supplier JBS paid $11 million to ransomware hackers: WSJ

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The largest beef supplier in the world, JBS, reportedly payed the ransomware hackers who breached its computer networks about $11 million. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss. To see more of the interview with Cramer sign up for a free trial to CNBC Pro: https://cnb.cx/3xak5rm

JBS, the largest beef supplier in the world, paid the ransomware hackers who breached its computer networks about $11 million, the company said Wednesday.

The company was hacked in May by REvil, one of a number of Russian-speaking hacker gangs, leading to meat plants across the U.S. and Australia shutting down for at least a day. News of the payment was first reported by The Wall Street Journal.

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