Maranello, Italy – Luxury car manufacturer Ferrari has confirmed that it was the victim of a ransomware attack that resulted in the exposure of customers’ personal data. The incident occurred on March 19, 2023, and was discovered by the company’s cybersecurity team, who immediately took action to mitigate the impact.
According to a statement released by Ferrari, the cyberattack was a sophisticated and targeted operation that sought to gain access to the company’s confidential information. The hackers behind the attack used a variant of ransomware to encrypt the company’s files and demanded a ransom payment in exchange for the decryption key.
Ferrari did not disclose the amount of the ransom demand or whether it paid the hackers to regain control of its systems. However, the company did state that it has launched an investigation into the incident and is working closely with law enforcement agencies to identify and apprehend those responsible.
In addition to the encryption of data, the hackers also exfiltrated sensitive information, including the personal data of Ferrari customers. The stolen data includes names, addresses, phone numbers, and email addresses, as well as some financial information such as credit card details.
Ferrari has assured its customers that it takes their privacy and security seriously and is taking all necessary measures to address the incident. The company has also contacted all affected customers to notify them of the breach and provide them with guidance on how to protect themselves against potential fraud or identity theft.
This incident is the latest in a series of high-profile ransomware attacks targeting businesses and organizations worldwide. It highlights the growing threat posed by cybercriminals and the need for companies to take proactive steps to protect themselves and their customers from such attacks.
The fallout from the incident is likely to be significant for Ferrari, which has built its brand around exclusivity and luxury. The company’s reputation for quality and security may be damaged by the breach, and it may face legal and regulatory repercussions for failing to adequately protect its customers’ personal information.
The incident serves as a stark reminder of the importance of cybersecurity for businesses of all sizes and industries. With cybercrime on the rise, companies must prioritize their defenses and invest in robust security measures to safeguard their operations and protect their customers.
