Meat Supplier JBS Confirms Payment of $11 Million Ransom To Hackers

The video discusses recent ransomware attacks on JBS, the world's largest beef supplier, and Colonial Pipeline. JBS paid an $11 million ransom to protect its data, while Colonial Pipeline paid over $4 million after a cyber attack. These incidents highlight the severe threat posed by cyber attacks on critical infrastructure. Attorney General Merrick Garland has proposed a budget exceeding a billion dollars to enhance cybersecurity measures.

What was the primary reason JBS decided to pay the ransom?

• To expand their business

• To gain media attention

• To protect their data and resume operations

• To avoid legal issues

Which company paid over $4 million in ransom after a cyber attack?

• JBS

• Colonial Pipeline

• Amazon

• Microsoft

What potential risk is highlighted by the Colonial Pipeline incident?

• Increased food prices

• Threats to critical infrastructure

• Environmental damage

• Loss of employment

Who testified about the cybersecurity budget proposal?

• The CEO of JBS

• The President of the United States

• The head of Colonial Pipeline

• Attorney General Merrick Garland

How much funding is proposed for cybersecurity in the Justice Department's budget?

• Over $3 billion

• Over $500 million

• Over $1 billion

• Over $2 billion