Security News > 2022 > May > US agricultural machinery maker AGCO hit by ransomware attack

AGCO, a leading US-based agricultural machinery producer, has announced it was hit by a ransomware attack impacting some of its production facilities.
Today, AGCO announced that they suffered a ransomware attack yesterday that has impacted some of the company's production facilities.
While AGCO does not provide any details as to what is causing the disruption, the company likely shut down portions of its IT systems to prevent the attack's spread. "AGCO is still investigating the extent of the attack, but it is anticipated that its business operations will be adversely affected for several days and potentially longer to fully resume all services depending upon how quickly the Company is able to repair its systems. The Company will provide updates as the situation progresses." - AGCO. As the press release explains, the investigation is still underway, and the impact of this cyberattack is expected to last for a substantial period while they restore systems.
Any production disruption caused by the ransomware attack could have a significant supply chain impact on the production and delivery of equipment.
Bleeping Computer has contacted AGCO to request more information on the attack, but a spokesperson told us that no additional details are available.
The agency had issued a similar notice in September 2021, followed by high-impact ransomware attacks against two large farmer cooperatives, NEW Cooperative and Crystal Valley.
News URL
Related news
- US indicts 8Base ransomware operators for Phobos encryption attacks (source)
- Hacker pleads guilty to SIM swap attack on US SEC X account (source)
- All your 8Base are belong to us: Ransomware crew busted in global sting (source)
- US sanctions LockBit ransomware’s bulletproof hosting provider (source)
- RA World Ransomware Attack in South Asia Links to Chinese Espionage Toolset (source)
- Chinese espionage tools deployed in RA World ransomware attack (source)
- Critical PostgreSQL bug tied to zero-day attack on US Treasury (source)
- Lee Enterprises newspaper disruptions caused by ransomware attack (source)
- US newspaper publisher uses linguistic gymnastics to avoid saying its outage was due to ransomware (source)
- Southern Water says Black Basta ransomware attack cost £4.5M in expenses (source)