Ferrari's customer database hacked and held to ransom

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Ferrari's customer database hacked and held to ransom

Bad news for the wealthy owners of Ferrari, the most famous sports car manufacturer. The Italian company has been hacked and held to ransom.

According to an official statement (opens in new tab), the company "was recently contacted by a threat actor with a ransom demand concerning the contact information of a specific customer."

According to Ferrari, the malicious actor had access to a "limited number" of its IT systems. Ferrari stated, "As part of this incident, certain data concerning our customers, including names, addresses, e-mail addresses, and phone numbers, were exposed."

However, the company also claims that the scope of the data breach was limited, explaining that "according to our investigation, no payment details and/or bank account numbers and/or other important payment information, nor details of Ferrari cars owned or ordered, were stolen."

Incidentally, Ferrari has rejected the ransom demand. As a matter of policy, Ferrari will not be held to ransom. Paying such demands would fund criminal activity and allow threat actors to perpetuate their attacks," the company's statement said.

Ferrari cars start at $222,600 for a Rome coupe, with most models far exceeding that price. It is therefore fair to say that the customer base is attractive to criminals looking for extortion.

The company says it is working with "the world's leading third-party cybersecurity firm" to fully investigate the breach, but only time will tell if there will be further repercussions from the data loss and if Ferrari customers, rather than Ferrari itself, will suffer cyber attacks as a result. Only time will tell.

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