TechTalk Ferrari Data Breach

Published on March 22nd, 2023 | by Daniel Sherman Fernandez

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Ferrari Discloses Data Breach After Ransomware Threats

Ferrari customer database breached and YOU might be affected.

“Ferrari N.V. announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, was recently contacted by a threat actor with a ransom demand related to certain client contact details,” the company said in a statement.

“Upon receipt of the ransom demand, we immediately started an investigation in collaboration with a leading global third-party cybersecurity firm.”

Ferrari says customer information exposed in the incident includes names, addresses, email addresses, and telephone numbers.

So far, Ferrari is yet to find evidence that payment details, bank account numbers, or other sensitive payment information was accessed or stolen.

Ferrari

No impact on Ferrari’s operations
Ferrari has taken measures to secure the compromised systems and says the attack has had no impact on the company’s operations.

After discovering the breach, Ferrari also reported the attack to relevant authorities and is working with a cybersecurity company to investigate the scope of the impact.

Ferrari rival

“As a policy, Ferrari will not be held to ransom as paying such demands funds criminal activity and enables threat actors to perpetuate their attacks,” the company added.

“Instead, we believed the best course of action was to inform our clients and thus we have notified our customers of the potential data exposure and the nature of the incident.”

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