Ransomware Attack at AGCO

Global maker and distributor of agricultural equipment, AGCO said it fell victim to a ransomware attack. Production affected world-wide, sales and orders halted, "majority restored" by May 20 with work ongoing. Few details made public.

Early May is planting season, and this has stalled tractor sales at dealers. In addition, AG equip indus. already facing labour strikes and serious supply chain disruptions. Dealers report being unable to access or place orders through AG website.

Estimated Cost

Unknown - production affected world-wide, sales and orders halted,

Threat Source

Impacts

OT