Ferrari reported a cyber incident with a ransom demand

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Ferrari, the iconic Italian luxury sports car manufacturer, has reported a cyber incident with a ransom demand. The company stated that the incident did not have any impact on its operations, and it is working with law enforcement and cybersecurity experts to investigate the matter.

According to the statement released by Ferrari on Monday, March 20, the cyber incident took place on Sunday, March 19. The company’s IT infrastructure was targeted, and the attackers demanded a ransom in exchange for not releasing sensitive data they claimed to have stolen from Ferrari’s systems.

Ferrari stated that it immediately took action to contain the incident and ensure that its systems and data were secured. The company’s IT team worked closely with external cybersecurity experts to investigate the attack and identify its source. Ferrari did not disclose the amount of ransom demanded by the attackers.

The statement by Ferrari did not provide any details about the nature of the attack or the type of data that may have been stolen. However, the company assured its customers and stakeholders that the incident did not have any impact on its operations or production.

“Ferrari confirms that it has identified and isolated the affected systems and that its operations remain unaffected. The company is conducting a thorough investigation of the incident in coordination with competent authorities and cybersecurity experts,” the statement read.

The cyber incident at Ferrari is just the latest in a series of high-profile attacks targeting companies across various industries. The frequency and severity of cyber attacks have increased significantly in recent years, with ransomware attacks being a particularly common type of attack. Ransomware attacks involve the encryption of a company’s data by attackers who then demand a ransom in exchange for the decryption key.

Ferrari’s statement on the incident highlights the importance of cybersecurity for businesses of all sizes and industries. As the threat of cyber attacks continues to grow, companies need to invest in robust cybersecurity measures and protocols to protect their systems and data from malicious actors.

Despite the cyber incident, Ferrari’s business operations are continuing as usual, and the company remains committed to delivering exceptional products and services to its customers.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Ferrari reported a cyber incident with a ransom demand

Ferrari, the iconic Italian luxury sports car manufacturer, has reported a cyber incident with a ransom demand. The company stated that the incident did not have any impact on its operations, and it is working with law enforcement and cybersecurity experts to investigate the matter.

According to the statement released by Ferrari on Monday, March 20, the cyber incident took place on Sunday, March 19. The company’s IT infrastructure was targeted, and the attackers demanded a ransom in exchange for not releasing sensitive data they claimed to have stolen from Ferrari’s systems.

Ferrari stated that it immediately took action to contain the incident and ensure that its systems and data were secured. The company’s IT team worked closely with external cybersecurity experts to investigate the attack and identify its source. Ferrari did not disclose the amount of ransom demanded by the attackers.

The statement by Ferrari did not provide any details about the nature of the attack or the type of data that may have been stolen. However, the company assured its customers and stakeholders that the incident did not have any impact on its operations or production.

“Ferrari confirms that it has identified and isolated the affected systems and that its operations remain unaffected. The company is conducting a thorough investigation of the incident in coordination with competent authorities and cybersecurity experts,” the statement read.

The cyber incident at Ferrari is just the latest in a series of high-profile attacks targeting companies across various industries. The frequency and severity of cyber attacks have increased significantly in recent years, with ransomware attacks being a particularly common type of attack. Ransomware attacks involve the encryption of a company’s data by attackers who then demand a ransom in exchange for the decryption key.

Ferrari’s statement on the incident highlights the importance of cybersecurity for businesses of all sizes and industries. As the threat of cyber attacks continues to grow, companies need to invest in robust cybersecurity measures and protocols to protect their systems and data from malicious actors.

Despite the cyber incident, Ferrari’s business operations are continuing as usual, and the company remains committed to delivering exceptional products and services to its customers.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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