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Ransomware Group Demands Millions From U.S. Farmer Cooperative

Ransomware Group Demands Millions From U.S. Farmer Cooperative

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The attackers are a group that uses the BlackMatter ransomware and the victim is Fort Dodge, Iowa-based New Cooperative, which has 60 members and offers agronomy, grain, feed, energy, and software solutions.

New Cooperative has confirmed that it’s dealing with a “cybersecurity incident” that has impacted some of its systems. The company says it has taken systems offline to contain the threat, which, according to Bloomberg, has led to manual processes being used for many tasks.

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