Ferrari's Italian Subsidiary Hit By Ransomware Comprising Client Data, Taps Cybersecurity Expert To Investigate

• Ferrari NV's (NYSE: RACE) Italian subsidiary Ferrari SpA suffered a ransomware attack on March 20.

• Ferrari immediately started an investigation by tapping a leading global third-party cybersecurity firm.

• Ferrari also informed the relevant authorities.

• Also Read: Microsoft Cautions Against More Russia Led Ransomware Attack

• Ferrari informed its clients and customers of the potential data exposure and the nature of the incident.

• Ferrari confirmed the breach had no impact on its company's operational functions.

• "Certain data relating to our clients was exposed, including names, addresses, email addresses, and telephone numbers," CEO Benedetto Vigna said Monday in a message to clients, Bloomberg reports.

• No payment details, bank account numbers, or details of Ferrari cars owned or ordered were stolen, and the breach has had no impact on the operations of the carmaker, Vigna added.

• Price Action: RACE shares traded higher by 1.03% at $265.19 premarket on the last check Tuesday.

• Image by Kenneth White from Pixabay

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