(Bloomberg) A prolonged shutdown at global meat supplier JBS SA could hit China the hardest as the country is the world’s biggest beef buyer and accounts for almost a third of the producer’s export revenue.China is also an important market for beef shipments from Australia, where a devastating cyberattack has halted JBS slaughter houses since the weekend, along with all its plants in the U.S. and at least one in Canada. Beef prices in China are already near a record, and any lengthy supply di
JBS, worldâs largest meat producer, moves to reopen âvast majorityâ of plants after cyberattack
By Rod McGuirk and Dee-Ann Durbin
PublishedÂ
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CANBERRA, Australia - The world’s largest meat processing company is getting back online after production around the world was disrupted by a cyberattack just weeks after a similar incident shut down a U.S. oil pipeline.
Brazil’s JBS SA said late Tuesday that it had made significant progress in dealing with the cyberattack and expected the vast majority of its plants to be operating on Wednesday.
JBS, a Sao Paulo-based company with operations in 15 countries, announced on Sunday that they had been hacked. Their Canadian and Australian facilities have been affected so far.