A proposal by the world’s largest meat processing company JBS to acquire Australian pork producer Rivalea has sparked concerns that the merger could cripple Australia’s meat supply chain if a JBS were subject to a cyber hack, as it was in May. The proposal, which needs approval from Australia’s Foreign Investment Review Board and the Australian competition watchdog, would see the Brazil-based JBS become one of the country’s largest pork producers. Matthew Warren, professor of cybersecurity at the Royal Melbourne Institute of Technology, said a successful acquisition would see a significant portion of Australia’s meat supply chain be reliant on one potential target for hackers. “It means that a single point of attack would be more attractive for cyber attackers as they would know that one attack would have a greater chance of success; it also increases the likelihood of Ransomware attacks,” he told The Epoch Times. “All supply chains …
Australian Meat Supply Chains at Greater Risk of Cyberattack After JBS Takeover of Major Pork Producer
June 23, 2021
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