BlackMatter Hits Grain Cooperative With Ransomware Attack

William Turton reports:

Iowa-based grain cooperative New Cooperative Inc. was struck by ransomware in recent days and has shut down its computer systems as it tries to mitigate the attack.

The attack occurred on or around Friday, according to Allan Liska, senior threat analyst at the cybersecurity firm Recorded Future Inc. The ransomware gang, which goes by the name BlackMatter, is demanding a $5.9 million ransom, Liska said.

Read more on Bloomberg.

About the author: Dissent

Comments are closed.