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US agricultural co-op hit by ransomware, expects food supply chain disruption

September 21, 2021


New Cooperative Inc., an agricultural cooperative owned by Iowa corn and soy farmers, has been hit by the BlackMatter ransomware group. The attackers are asking the co-op to pay $5,900,000 for the decryption key and not to release the stolen data.

What we know about the ransomware attack on New Cooperative?

New Cooperative is one of the largest farm cooperatives in the US. They confirmed the attack on Monday and said that the “cybersecurity incident” affected some of the company’s devices and systems.

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