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New Cooperative controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2021

    NEW Cooperative confirms ransomware attack affecting operations

    Issue disclosure

    In September 2021, NEW Cooperative confirmed that it had been hit by a ransomware attack affecting its operations. The cooperative stated that it proactively took systems offline to contain the threat, notified law enforcement, and was working with data security experts to investigate and remediate the situation. The incident was reported as the latest ransomware attack affecting an agribusiness.

    Company response

    • Investigation — NEW Cooperative

      We also quickly notified law enforcement and are working closely with data security experts to investigate and remediate the situation.
    • Remediation — NEW Cooperative

      We also quickly notified law enforcement and are working closely with data security experts to investigate and remediate the situation.

    Source excerpt

    • NEW Cooperative in Fort Dodge, Iowa, confirmed Monday it had been hit with a ransomware attack that affected the grain cooperative's operations, which include 60 elevator locations across north-central and western Iowa.
    • Screenshots posted on Twitter show the grain cooperative was hit over the weekend by the group dubbed Blackmatter.
    • We also quickly notified law enforcement and are working closely with data security experts to investigate and remediate the situation.