Major meat producer JBS S.A. has restored its systems after a cyberattack that halted global operations, according to Bloomberg.

  • JBS expects the “vast majority” of its plants back by Wednesday after, with regular production anticipated in Greeley, Colorado.
  • US Chief Executive Officer Andre Nogueira said systems are coming back online, and the firm is ready to use its full arsenal to fight the threat.
  • Russia-linked hacking group REvil or Sodinokibi over the weekend hacked the JBS system, shutting down all of the firm’s beef plants which account for nearly a fourth of American supplies.
  • Other meatpacking facilities across the United States reported disruptions.
  • The attack also impacted slaughter operations across Australia, and idled one of the largest plants in Canada. JBS has yet to release further information on the global impact.
  • The governments of Russia and the United States are currently in talks regarding the attack. Presidents Joe Biden and Vladimir Putin are scheduled to discuss cyber crime concerns at a June 16 summit.

JBSS3: BVMF is up 0.097%.