Latest Breaking News On - Meat processing industry - Page 13 : vimarsana.com
not just on them. it just goes on and on and on, and to see how all of this, you know, has become so fragile, especially in a market where four companies control about 80% of the meat processing industry in the united states, you know, it see those effects and the ripples that go on for each one of us, whether it s the ferry service, whether it s colonial pipeline, whether it s this cattle ranch, it goes on and on in this new era of ransomware, chuck. jacob, explain, how long will it take jbs to get back to its normal supply chain functionality. you know, it s been very vague. it s issued a couple of official statements but it s not talking directly to report, about what steps are being taken. you know, this is one of these things. they don t want to be telling you what specific system was hit, right, was it the bar code system that keeps track of the sizes of meat we buy on the shelf. was it some other kind of invoicing system? we don t know. and it s not all clear how they got it
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result of the situation. resolution of the incident will take time. privacy is not what we re concerned. it is the supply chain. it is actually getting meat into the hands of consumers. and in this particular case we don t know exactly is this a ransomware attack, the meat processing industry is a digitized industry. you require bar codes at every step of the way from the whole cow down to the individual pieces you and i buy at the grocery store in order to keep track of where they re going. that may be part of why this has been shut down. this follows a trend. since may of 2020 there have been more than 40 attacks on food and beverage processed systems, companies that do this kind of thing. and this comes, as we ve seen a rise in prices of almost all groceries, prices of beef go up about 5% this year. of course we saw gas go up. the important thing i think to
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