Azimut Group, an Italian asset management firm that oversees over $87.2 billion in assets, declared in a public statement that it will “not comply by any means” with a ransomware demand from the notorious hacking organisation BlackCat.
Israeli hacking monitoring start-up DarkFeed said the same ransomware group in September stole large amounts of data from state-owned Italian energy services firm GSE. It revealed on its website that Azimut was one of BlackCat’s 477 victims on July 21. Azimut did not respond immediately.
BlackCat, also known as ALPHV, first appeared in late 2021 and is notorious for carrying out sophisticated assaults on a number of firms in the United States and Europe.
“The attack did not affect data or information that might allow access to the personal position of clients and financial advisors or the execution of unauthorised transactions,” Azimut said in a press release.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
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