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Home Tech Security

Ferrari data breach exposes customer information, payment data safe

Ferrari has assured customers that no sensitive information, such as financial or personal data, was compromised during the breach, and that the affected systems have since been secured.

by Kerem Gülen
21 March 2023
in Security, Automobile, Tech
Reading Time: 3 mins read
Ferrari data breach exposes customer information
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  • The Ferrari data breach exposed customer information such as names, addresses, email addresses, and telephone numbers.
  • However, the luxury sports car maker has not found evidence that payment details, bank account numbers, or other sensitive payment information was accessed or stolen during the breach.
  • Ferrari has taken measures to secure the affected systems and is working with a cybersecurity company to investigate the scope of the attack.

Luxury carmaker Ferrari recently announced that it experienced a data breach, which occurred when cybercriminals gained unauthorized access to certain IT systems belonging to the company. The breach was discovered after the attackers demanded a ransom, and the incident was subsequently reported to the relevant authorities.

Ferrari data breach: No evidence of payment details or bank account numbers stolen

Ferrari has assured customers that no sensitive information, such as financial or personal data, was compromised during the breach, and that the affected systems have since been secured. The company has not provided any further details about the incident or the identities of the attackers.

“We regret to inform you of a cyber incident at Ferrari, where a threat actor was able to access a limited number of systems in our IT environment,” Ferrari says in breach notification letters sent to customers.

Data breach at @Ferrari. Ransom demand, inevitably with the threat of disclosure. Anyone know which crew was behind this? pic.twitter.com/x7QTdlwOpO

— Troy Hunt (@troyhunt) March 20, 2023

Following the recent Ferrari data breach, the automaker has revealed that customer information, such as names, addresses, email addresses, and telephone numbers, was exposed in the incident. The car manufacturer has assured customers that no sensitive financial information, such as bank account numbers or payment details, was accessed or stolen during the breach.

While this news will come as a relief to customers, the incident highlights the importance of businesses taking proactive measures to secure their IT systems and prevent cyberattacks. Ferrari has not provided any further details about the breach or the identity of the attackers.

“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.”

The company has confirmed that it has taken measures to secure the affected IT systems following the recent Ferrari data breach. The company has reassured customers that the attack had no impact on its operations, and that it is working closely with a cybersecurity firm to investigate the extent of the breach.

Ferrari data breach exposes customer information
The company has confirmed that it has taken measures to secure the affected IT systems following the recent Ferrari data breach

After discovering the incident, Ferrari promptly reported it to the relevant authorities, as required by data protection regulations. While the carmaker has not disclosed any further details about the breach or the ongoing investigation, the incident highlights the importance of companies maintaining strong cybersecurity measures to protect against data breaches and cyberattacks.

“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.”

The company has revealed that the recent Ferrari data breach did not result in the theft of any payment information, bank account numbers, or data related to Ferrari cars owned or ordered. The carmaker has confirmed that the incident had no impact on its day-to-day operations.

The breach was caused by a ransomware attack, which involves cybercriminals encrypting computer files and demanding payment to unlock them. Ferrari has said that it will not meet the ransomware demands. The company is collaborating with a top global cybersecurity firm to investigate the incident further, and no further details have been provided at this time.

Tags: data breachfeaturedferrari

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