Agricultural equipment maker AGCO reports ransomware attack

Massey Ferguson tractor, AGCO

Some production facilities of agricultural equipment manufacturer AGCO were affected by a ransomware attack this week, the company reported Friday.

“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 said in a notice to shareholders.

The Duluth, Georgia-based company, which had more than $11 billion in sales last year, did not specify the nature of the ransomware or the attackers. It also did not say which of its global facilities were affected. AGCO has plants in the U.S., Europe and elsewhere.

The company’s tractor and harvester brands include Challenger, Fendt, Massey Ferguson and Valtra.

The announcement comes as the FBI has been warning the U.S. agricultural sector about potential attacks during planting or harvesting seasons. During harvest season in 2021, the Cybersecurity and Infrastructure Security Agency (CISA) issued an alert about BlackMatter ransomware targeting agricultural companies.

AGCO said it “will provide updates as the situation progresses.”

The post Agricultural equipment maker AGCO reports ransomware attack appeared first on The Record by Recorded Future.

Article Link: Agricultural equipment maker AGCO reports ransomware attack - The Record by Recorded Future