An unknown threat actor has hacked the Italian luxury automaker Ferrari and is now demanding a ransom in exchange for certain client contact details.
The sports and race car manufacturer announced what it is calling a “cyber incident” on its website Monday.
“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 statement said.
The company said it will not succumb to the hacker's demands.
“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 luxury company said.
“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,” Ferrari said.
Considering the typical cost of a Ferrari ranges from more than $200,000 to over $600,000, according to one of the brand's official dealers, clients most likely represent a who's who of the world's wealthiest.
Based in Maranello, Italy, it appears the automaker was not aware they had been breached until they were contacted by the hacker.