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Articles tagged under: JBS

Food Companies Urged to Bolster Their Cybersecurity

Published June 25, 2021

Agriculture Secretary Tom Vilsack participated in the Wall Street Journal Global Food Forum. The USDA leader said the issue of cybersecurity has changed. "It used to be people tried to steal data and now what they're trying to do is…
Latest NewsAg Business

Food System Remains Vulnerable to Cyberterrorism

Published June 18, 2021

John Hoffman, who is with the College of Veterinary Medicine’s Food Protection and Defense Institute, said digital systems are embedded into nearly every aspect of food production and safety. This dependence puts the U.S. food system at “enormous risk.” Hoffman…
Latest NewsAg BusinessPolicy

JBS Pays Big Bucks in Ransomware Attack

Published June 10, 2021

JBS paid $11 million in bitcoin to the criminals who hacked into its IT system. JBS said it made the decision to pay the ransom to make sure no data was stolen and to prevent any potential risk for its…
Top StoriesLatest NewsAg BusinessLivestock

Investigating Vulnerabilities in the Meat Packing Sector

Published June 9, 2021

South Dakota Senator John Thune went to the Senate floor Wednesday to discuss the ransomware attack on JBS. Thune said the JBS hack resulted in a temporary shutdown. Thune said that ongoing possibility creates a serious problem for farmers, ranchers…
Top StoriesLatest NewsMarketsLivestockPolicy

USDA Invests in Food Supply Chain Updates

Published June 8, 2021

The USDA is investing more than $4 billion to address food supply chain needs through the Build Back Better Initiative. The USDA will focus on four areas: food production, processing, distribution and markets and consumers. Increased transparency and competition within…
Top StoriesLatest NewsPolicy

JBS Facilities Worldwide Up and Running

Published June 4, 2021

The recovery from the May 30th cyberattack was faster than many expected. JBS was able to shut down everything and isolate the hack before it impacted its core systems and backup servers. In an interview with Politico, Agriculture Secretary Tom…
Latest NewsAg BusinessLivestock

Russians Blamed for JBS Shutdown

Published June 2, 2021

The FBI investigation into the ransomware attack at JBS indicates it likely originated with a Russian criminal group. The administration has spoken to Russian government officials and this incident will likely be addressed with Biden and Putin meet June 16th…
Top StoriesLatest NewsAg BusinessLivestock

OCM Says Food Security Hurt by Cyberattack

Published June 2, 2021

The Organization for Competitive Markets says the JBS cyberattack highlights the intense concentration within the meatpacking industry. Claiming our food security has been jeopardized, this group is calling on the Biden Administration to end the monopolization of agriculture. JBS is…
Latest NewsAg BusinessLivestock

A Turnaround 1Q for JBS

Published May 13, 2021

The world’s largest meatpacker posted first quarter net profit of $377 million. One year ago, JBS suffered a $1.1 billion loss. With restaurants reopening, U.S. demand for meat is increasing. Exports to Southeast Asia from the United States is also…
Latest NewsMarketsAg Business

Connecticut Representative Digs into JBS Subsidies

Published November 5, 2020

Connecticut Representative Rosa DeLauro is requesting an investigation into whether the meatpacker JBS meets requirements for federal subsidies. In a letter to Agriculture Secretary Sonny Perdue, the representative said JBS has received more than $100 million in payments meant for…
Latest NewsLivestockPolicy
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