It's a difficult time at home Ferrari. After the non-exciting performances in the first two outings of the new Formula One world championship, the Maranello house is over under hacker attack.
In the late evening of March 20, Ferrari communicated in a note that he had suffered a attacco informatico with cybercriminals who managed to steal customer data. The hackers then demanded a ransom to prevent it from being posted online.
Ferrari will not accept any redemption requests
“No ransom demand will be accepted” was the company's response, specifying that “agreeing to such requests would fund criminal activity and allow threat authors to perpetuate their attacks. Ferrari, after having informed the competent authorities, has launched an investigation with a cybersecurity company to understand what happened. “Ferrari treats the issue of its customers' confidentiality very seriously and understands the importance of what happened,” reads the note, a sign of the company's transparency and willingness to promptly inform its customers. The position of firmness chosen by Ferrari was appreciated by the Stock Exchange where the shares of the car manufacturer are up to 246,90 euros (+1,23%).
The complete note of the company
“Ferrari NV (NYSE/EXM: RACE) (“Ferrari”) announces that Ferrari SpA, an Italian company wholly owned by it, recently received a ransom note relating to certain contact details of its customers. Upon receiving this request, we immediately launched an investigation in collaboration with a world-leading cybersecurity company. Furthermore, we have informed the relevant authorities and are confident that they will do everything in their power to carry out the investigation. In line with its corporate policy, Ferrari will not accept any redemption requests as agreeing to such requests would fund criminal activity and allow threat actors to perpetuate their attacks. In the belief that the best course of action is to inform our clientele, we have notified our customers of the potential exposure of their data and the nature of the event. Ferrari treats the issue of the confidentiality of its customers very seriously and understands the importance of what happened. We've partnered with experts to further strengthen our systems, and we're confident they're solid. We can also confirm that the breach had no impact on our business operations.
It is not the first attack in Maranello
It is not the first time that Ferrari has been targeted by hackers. It was in October leaked the news (but denied by Maranello) that the company had been hit by a ransomware attack. The cybergang had declared the attack Ransom EXX with a post in which he claimed to have subtracted about 7gb between internal documents, datasheets, repair manuals and subsequently making them available on the internet.
