- Feb 4, 2016
U.S. farmers cooperative NEW Cooperative has suffered a BlackMatter ransomware attack demanding $5.9 million not to leak stolen data and provide a decryptor.
NEW Cooperative is a farmer's feed and grain cooperative with over sixty locations throughout Iowa.
In a weekend ransomware attack, the threat actors demand a 5.9 million dollar ransom, which will increase to $11.8 million if a ransom is not paid in five days.
These ransom demands are a starting point for negotiations and usually lead to significantly smaller payments if a victim decides to pay.
NEW Cooperative has confirmed the attack to BleepingComputer and stated that they had taken their systems offline to contain the attack's spread.