DULUTH, GEORGIA, US — AGCO said on May 16 that its efforts to restore systems and business operations are continuing successfully following a ransomware cyber attack that was discovered on May 5.
Most of the affected production sites and parts operations resumed operations last week or on May 16. The rest of the sites are expected to start operations during the rest of this week, with all operating by the end of the week.
AGCO also said there had been data exfiltration as a result of the cyber attack. The company is evaluating the scope and consequences of the data loss.
While more remediation may be necessary, the company expects to be able to mitigate the production loss from the attack by increasing production over the rest of 2022.
AGCO is a worldwide manufacturer and distributor of agricultural equipment, whose subsidiaries includes GSI, an Assumption, Illinois, US-based manufacturer of commercial grain storage and handling equipment.