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AGCO production facilities hurt by ransomware

https://www.bleepingcomputer.com/news/security/us-agricultural-machinery-maker-agco-hit-by-ransomware-attack/

Exploit: Ransomware
AGCO: Agricultural Machinery Manufacturer

[img src=”/wp-content/uploads/2022/03/risk-to-business-img-r1.jpg” class=”aligncenter”]

Risk to Business: 1.471 = Extreme

Major U.S. agricultural machinery manufacturer AGCO announced that they have suffered a ransomware attack that is impacting some of the company’s production facilities. A statement from the company provided few details but specified that its operations including production ā€œWill likely be adversely affected for several days and potentially longer.ā€ No group has claimed responsibility or publicized a ransom demand.Ā 

[img src=”/wp-content/uploads/2021/05/img2-Three-Affiliated-Tribes-servers.jpg” class=”aligncenter”]

Individual Impact:

No information about consumer/employee PII, PHI or financial data exposure was available at press time.

EXTRA: The FBI recently released an alert aboutĀ elevated ransomware risk in the Food & Agriculture sector. Ā Ā 
How It Could Affect Your Customers’ Business: Ransomware gangs love to pounce on industries at critical times. This is a massive problem at the height of spring planting season in the US.

Risk Levels:
1 – 1.5 = Extreme Risk
1.51 – 2.49 = Severe Risk
2.5 – 3 = Moderate Risk

*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.