Ferrari Suffers Ransomware Attack, Exposing Customer Data

Company Overview

Ferrari, the renowned Italian luxury sports car manufacturer, has confirmed a ransomware attack that exposed customer contact details. The attack, claimed by the RansomEXX group on their dark web leak site, occurred before March 20, 2023. Ferrari operates in the Retail sector, with its operations spanning across research and development, manufacturing, and retail, positioning it as a complex organization with extensive operations.

Vulnerabilities and Impact

The ransomware attack led to the exposure of customer data, including names, addresses, email addresses, and phone numbers. Ferrari has assured that financial information and details regarding owned or ordered cars were not compromised. Nonetheless, the exposure of such sensitive information poses a risk of identity theft, financial fraud, or even physical harm to the affected customers. Despite the attack, Ferrari's operational functions remained uninterrupted, though the company has since enhanced its system security with the assistance of third-party experts.

Previous Attacks

RansomEXX is known for its involvement in several high-profile attacks, targeting entities such as logistics giant Hellmann Worldwide and software and services firm Tyler Technologies.

Response and Mitigation

In response to the attack, Ferrari has communicated with its customers about the potential data exposure and the nature of the incident. The company has taken a firm stance against paying ransom demands, emphasizing that succumbing to such demands would only fund criminal activities and encourage further attacks.

Sources

• Recent Cyberattacks, Data Breaches, Ransomware Attacks in October 2022
• Ferrari Data Breach: The Industry has its say - IT Security Guru
• Ferrari Says Ransomware Attack Exposed Customer Data
• Ferrari says internal documents online, but no evidence of cyber attack