JBS’ $11mn ransom payment latest warning to cyber market

The world’s largest meat processing company JBS has revealed it made a payment of $11mn to end a ransomware attack in the latest alarm bell for the cyber insurance market, which is continuing to battle increasing claims severity that is outpacing premium growth.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com