According to a research study by Sophos, a UK-based IT security services and hardware provider, cyber insurance policies are changing the way manufacturing is protecting their networks. As ransomware threats keep coming, companies are buying cyber insurance policies to protect against costly ransomware attacks that can drive them out of business. Seventy percent of hacked food and beverage companies will go out of business within a year of the attack, according to Capstone Logistics.
According to a June 1 statement from the USDA, the White House was aware of a ransomware attack against JBS, which has affected the company’s operations, including its facilities in the United States. The USDA is continuing to work closely with the White House, Department of Homeland Security, JBS USA and others to monitor this situation closely and offer help and assistance to mitigate any potential supply or price issues.