Cyber gang BlackMatter has attacked Iowa-based grain cooperative New Cooperative Inc with ransomware, successfully shutting down its systems.

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.

New Cooperative confirmed that they had been attacked and said they had contacted law enforcement and were working with data security experts to investigate and remediate the situation.

Check It Out: Grain Cooperative ‘New Cooperative Inc’ Hit with BlackMatter Ransomware Attack

Add a Comment

Log in to comment (TMO, Twitter, Facebook) or Register for a TMO Account