Sunday, May 8, 2022

AGCO ransomware attack disrupts tractor sales during U.S. planting season (AGCO)

AGCO at $11 billion revs. is about 1/4 the size of John Deere, so a fair number of tractors & combines and such.

From Reuters via Yahoo Finance, May 6:

U.S. agricultural equipment maker AGCO Corp said on Friday a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting season.

Georgia-based AGCO said in a statement it expects operations at some facilities to be affected for "several days and potentially longer."

The ransomware attack comes at a time U.S. agricultural equipment makers were already facing persistent supply chain disruptions and labor strikes that left them unable to meet equipment demand from farmers....

....MUCH MORE