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Cofco's Argentina grains operations affected by cyber attack [Reuters]

ARCHER-DANIELS MIDLAND (ADM)  More Company Research Source: Reuters
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PDF Cofco's Argentina grains operations affected by cyber attackBUENOS AIRES Activity at ports operated by China's Cofco in Argentina's main grains hub of Rosario have been interrupted by a worldwide cyber attack, a local port manager said on Wednesday, the first sign that the virus had made its way to South America.The computer worm was first seen in Ukraine on Tuesday, going on to affect port facilities ranging from Mumbai to Los Angeles. It hit Argentina on Wednesday, slowing wheat and fertilizer shipments and threatening to impact the flow of soybeans to the country's main client, China, at the height of export season."Cofco's system has been affected by the global attack. It has been infected by a virus. So they are working mechanically, not connected to their regular information system," Guillermo Wade, head of Argentina's CAPyM port operators' chamber, told Reuters in a telephone interview.A local Cofco representative did not respond to a request for comment. The company's Brazil u [Read more]

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