{"id":7046,"date":"2023-03-27T10:32:20","date_gmt":"2023-03-27T10:32:20","guid":{"rendered":"https:\/\/sajinshivdas.com\/security\/target\/ferrari-cyberattack-exposes-customer-data\/"},"modified":"2023-03-27T10:33:09","modified_gmt":"2023-03-27T10:33:09","slug":"ferrari-cyberattack-exposes-customer-data","status":"publish","type":"post","link":"https:\/\/sajinshivdas.com\/cybersecurity\/ferrari-cyberattack-exposes-customer-data\/","title":{"rendered":"Ferrari Cyberattack Exposes Customer Data"},"content":{"rendered":"[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_direction_desktop=&#8221;default&#8221; column_element_spacing=&#8221;default&#8221; desktop_text_alignment=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_backdrop_filter=&#8221;none&#8221; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s3-prod-europe.autonews.com\/s3fs-public\/styles\/width_792\/public\/ferrari%20rtrs%20web_1.jpg\" alt=\"Ferrari badge\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.autonews.com\/topic\/ferrari-news\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\">Ferrari<\/a> was hit with a ransomware attack that exposed customers&#8217; personal information.<\/p>\n<p>It&#8217;s not clear when Ferrari&#8217;s Italian subsidiary was contacted by a hacker or group with a ransom demand related to the exposure of customer information nor did Ferrari disclose the ransom amount.<\/p>\n<p>Ferrari said it is investigating the breach with an unnamed &#8220;leading global third-party cybersecurity firm&#8221; and has informed law enforcement authorities.<\/p>\n<p>Ferrari&#8217;s policy is not to pay ransom demands to hackers because the company thinks it will perpetuate cyberattacks.<\/p>\n<p>While many companies will pay white hat hackers to find vulnerabilities, the auto industry<a href=\"https:\/\/www.autonews.com\/mobility-report\/automakers-risk-cyberattacks-paying-white-hat-hackers-less\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\"> pays among the least <\/a>for discovering potential breaches, according to research by San Francisco&#8217;s HackerOne. It operates bug bounty programs for <a href=\"https:\/\/www.autonews.com\/topic\/bmw-news\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\">BMW<\/a>,<a href=\"https:\/\/www.autonews.com\/topic\/ford\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\"> Ford<\/a>, <a href=\"https:\/\/www.autonews.com\/topic\/rivian\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\">Rivian<\/a> and <a href=\"https:\/\/www.autonews.com\/topic\/toyota\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\">Toyota<\/a>.<\/p>\n<p>&#8220;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,&#8221; Ferrari said in a statement. &#8220;We can also confirm the breach has had no impact on the operational functions of our company.&#8221;<\/p>\n<p>Ferrari said it is working with third parties to reinforce the company&#8217;s information technology systems.<\/p>\n<p>It&#8217;s not clear if Ferrari encrypted their customers&#8217; data.<\/p>\n<p>&#8220;While most organizations view customer data as an asset when it&#8217;s stored in an unencrypted fashion, it&#8217;s actually a liability,&#8221; said Dror Liwer, co-founder of Israeli cybersecurity company Coro.<\/p>\n<p>Organizations facing extortion-related data leaks possibly face direct financial damages from lawsuits, fines, and loss of revenue from lawsuits and regulatory actions, Liwer said.<\/p>\n<p>The number of publicly reported automotive cyberattacks is on the rise. In 2022, Israeli cybersecurity firm <a href=\"https:\/\/www.autonews.com\/mobility-report\/car-cybersecurity-firm-expects-consumers-emerge-hackers\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\">Upstream counted<\/a> 268 publicly reported automotive cyberattacks, up from 245 incidents publicly reported in 2021.<\/p>\n<p>Ferrari plans to make <a href=\"https:\/\/www.autonews.com\/future-product\/ferrari-future-product-performance-bev\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\">80 percent of its cars <\/a>battery electric powered by 2030. These EV offerings are likely to become even more software dependent and Internet connected in the coming years, possibly providing more <a href=\"https:\/\/www.autonews.com\/mobility-report\/car-cybersecurity-firm-expects-consumers-emerge-hackers\" data-omnilink=\"editorial-link\" data-omnilocation=\"articlebody\">avenues for cyberattacks. <\/a><\/p>\n<p>Companies have a few avenues to deter ransomware attacks, said Javvad Malik, an executive at KnowBe4, a Clearwater, Fla., cybersecurity consultancy and training company.<\/p>\n<p>&#8220;When it comes to ransomware, most attacks are successful through phishing, taking advantage of poor credentials or by exploiting unpatched vulnerabilities,&#8221; Malik said. &#8220;So at a bare minimum, organizations should focus on these avenues of attack.&#8221;<\/p>\n[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_direction_desktop=&#8221;default&#8221; column_element_spacing=&#8221;default&#8221; desktop_text_alignment=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7074,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[35],"class_list":{"0":"post-7046","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cyber-attack","8":"tag-cyber-attack"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ferrari Cyberattack Exposes Customer Data - Sajin Shivdas | Cybersecurity<\/title>\n<meta name=\"description\" content=\"&nbsp; &nbsp; Ferrari was hit with a ransomware attack that exposed customers&#039; personal information. 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