US farmer cooperative hit by $5.9M BlackMatter ransomware attack | Bleeping Computer

NEW Cooperative, a farmers’ cooperative in the United States, was hit by the BlackMatter ransomware, which demanded $5.9m in exchange for not leaking stolen data and providing a decryptor. New Cooperative is an Iowa-based farmer’s feed and grain cooperative with more than sixty locations. The threat actors seek a $5.9m in a weekend ransomware attack, which will rise to $11.8 million if the ransom is not paid in five days. If a victim decides to pay, these ransom demands serve as a starting point for talks, which normally result in much lesser amounts. 

Source: https://www.bleepingcomputer.com/news/security/us-farmer-cooperative-hit-by-59m-blackmatter-ransomware-attack/