Connect with us

Current

World’s largest meat supplier JBS hit by cyberattack

Voice Of EU

Published

on

A ransomware attack on the world’s largest meat processing company disrupted production around the world just weeks after a similar incident shut down a US oil pipeline.

Brazil’s JBS SA said late on 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.

Andre Nogueira, chief executive of JBS USA, said in a statement: “Our systems are coming back online and we are not sparing any resources to fight this threat.”

Earlier, the White House said JBS had notified the US of a ransom demand from a criminal organisation likely based in Russia.

White House principal deputy press secretary Karine Jean-Pierre said the White House and the Department of Agriculture have been in touch with the company several times this week.

JBS is the second-largest producer of beef, pork and chicken in the US. If it were to shut down for even one day, the US would lose almost a quarter of its beef-processing capacity, or the equivalent of 20,000 beef cows, according to Trey Malone, an assistant professor of agriculture at Michigan State University.

The closures reflect the reality that modern meat processing plants are heavily automated, for both food and worker-safety reasons.

Computers collect data at multiple stages of the production process, and orders, billing, shipping and other functions are all electronic.

JBS, which has not stated publicly that the attack was ransomware, said the cyberattack affected servers supporting its operations in North America and Australia.

Backup servers were not affected and it said it was not aware of any customer, supplier or employee data being compromised.

Meat prices

Mr Malone said the disruption could further raise meat prices ahead of summer barbecues. Even before the attack, US meat prices were rising due to coronavirus shutdowns, bad weather and high plant absenteeism.

The US Department of Agriculture has said it expects beef prices to climb 1 per cent to 2 per cent this year, poultry as much as 1.5 per cent and pork between by from 2 per cent and 3 per cent.

JBS did not say which of its 84 US facilities were closed on Monday and Tuesday because of the attack.

Earlier, a union official confirmed that two shifts at the company’s largest US beef plant, in Greeley, Colorado, were cancelled. Some plant shifts in Canada were also cancelled Monday and Tuesday, according to JBS Facebook posts.

In Australia, thousands of meat plant workers had no work for a second day on Tuesday, and a government minister said it might be days before production resumes.

JBS is Australia’s largest meat and food processing company, with 47 facilities across the country including slaughterhouses, feedlots and meat processing sites.

Ms Jean-Pierre said the White House “is engaging directly with the Russian government on this matter and delivering the message that responsible states do not harbour ransomware criminals”.

The FBI is investigating the incident, and the Cybersecurity and Infrastructure Security Agency is offering technical support to JBS.

The incident comes a month after a gang of hackers shut down operation of the Colonial Pipeline, the largest US fuel pipeline, for nearly a week.

The closure sparked long lines and panic buying at gas stations across the country’s southeast. Colonial Pipeline confirmed it paid $4.4 million (€3.6 million) to the hackers. – AP

Source link

Current

IHG to open new hotel in Brussels (BE)

Voice Of EU

Published

on

IHG Hotels & Resorts (IHG) announced the signing of voco Brussels City North, marking entry into a new market. Due to open in autumn 2023, the 92-key voco Brussels City North property will be operated by Prem Group, a strong partner for IHG in the region. The state-of-the-art hotel will feature a restaurant and conference centre and will adjoin the Innovation Centre, which is already open on the site, to create a hub for hospitality innovation and a truly stimulating environment.

 

Located to the north of the city, the hotel will feature a striking 50-metre tower with huge glass windows providing panoramic views of the Brussels skyline. The site itself will be Europe’s largest experimental lab for creating ideas and a vision for the future. In line with voco hotels ethos, voco Brussels City North will stand out from the crowd and give guests a different choice.

 

Willemijn Geels, VP Development Europe, IHG Hotels & Resorts, said: “I’m delighted to announce that we are partnering with Living Tomorrow to bring voco hotels to Belgium. We know that Brussels is a strong market for branded properties, and we are confident that the voco hotels’ brand will fit well with the goal of creating a truly innovative hub on this unique site.”

 

Yin Oei, CEO, Living Tomorrow, said: “Living Tomorrow is focused on driving the future and we’re excited to partner with IHG to develop this exciting hotel – the first voco in Belgium. The values of voco hotels fit well with our desire to innovate and push boundaries and we know that the strength of the IHG systems will provide a stable platform from which to innovate.”

 

 

Source link

Continue Reading

Current

Mitheridge and London Green unveil plans for Lambeth mix-use scheme (GB)

Voice Of EU

Published

on

Mitheridge Capital Management and London Green have unveiled plans for a residential-led, mixed-use development in Lambeth, south London. The project will make use of a former industrial site in Loughborough Junction, Lambeth, while also protecting the adjacent intersecting Victorian railway viaducts which remain a rich heritage asset.

 

Managing Partner of Mitheridge William Yerburgh said: “London desperately needs more homes. We believe strongly in an approach to housing provision that is affordable but also enhances the character and vibrancy of local communities. Our partnership with London Green will show that new housing provision can deliver for everyone.”

 

Daniel Rastegar, Investment Director at Mitheridge commented: “We are excited to work with London Green to deliver a scheme that will contribute positively to this area of Lambeth, both by providing highly sustainable, high-quality homes as well as new industrial space for SMEs.”

 

Harry Green, Director at London Green added: “This represents yet another opportunity to develop an underutilised site into a mixed community of sustainable homes and workplaces. We look forward to working with best-in-class consultants and contractors to deliver the vision that we share with Mitheridge Capital Management”.

Source link

Continue Reading

Current

IIProp grows its presence in Spain

Voice Of EU

Published

on

IIProp (International Industrial Properties) has successfully delivered the initial phase of its built-to-suit project in the Spanish city of Murcia. The joint venture has also launched a new development project at a prime location in Nadarzyn, Warsaw South, Poland. The scheme is located in Murcia’s San Andres industrial park and offers 22,346m². The project is set to add another building of over 23,000m², bringing the total development area to 46,600m² GLA. Construction of a 23,000m² follow-on component is under way and scheduled for completion in January 2023. The project marks an important milestone for the IIProp’s expansion in Spain, where the platform has secured pipeline for development of some 63,000m² GLA in the Murcia and Barcelona regions. The development comes with excellent connectivity and visibility as it sits alongside the A7 highway, part of the Mediterranean transit corridor that links Spanish and Portuguese ports with mainland Europe. The project is set to obtain “Very Good” BREEAM certificate, which will be supported by green solutions such as solar panels, charging stations for electric cars, power sockets for electric bicycles and scooters as well as bicycle parking space and a bee shelter.

 

Nebil Senman, Managing Partner at Griffin Capital Partners, said: “The logistics market in Europe experienced an unprecedented growth during the pandemic and despite the geopolitical turmoil the tenant demand remains strong. We selectively are developing projects in Murcia and Warsaw with highest ESG standards and securing highest tenant covenants to fulfill core investor’s requirements. We plan to continue to build up carefully our European logistics footprint by selectively adding projects in core European markets as well as through converting our well-positioned land bank into standing assets.”

 

Maciej Dyjas, Managing Partner at Griffin Capital Partners, commented: “The projects in Murcia and Warsaw are another success stories in our strategic partnership with Panattoni. We continue to screen new European markets for entry and already begun working on potential development projects in countries like France, Italy, and Austria. In parallel, the IIProp’s pipeline stands at ca. 430,000m² GLA, despite latest disposals completed in Germany.

Source link

Continue Reading

Trending

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates 
directly on your inbox.

You have Successfully Subscribed!