Ransomware Attack Targets Major Agriculture Group

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The Iowa-based New Cooperative group was hit by a ransomware attack over the weekend, potentially endangering operations of a company key to the agricultural supply chain, reports The Hill. New Cooperative is among the larger U.S. farm cooperatives, and received a ransom demand of $5.9 million from cybercriminal group BlackMatter.

New Cooperative noted that 40 percent of the nation’s grain production runs through its software, and that the ransomware attack would “break the supply chain very shortly” if the hackers did not relent. Allan Liska, a senior intelligence analyst at cybersecurity group Recorded Future, was among security professionals tracking the ransomware attack and said that it was still unclear how far-reaching the attack might be. A spokesperson for New Cooperative confirmed the attack, saying, “Out of an abundance of caution, we have proactively taken our systems offline to contain the threat, and we can confirm it has been successfully contained.”

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