News and Updates on Information Technology

Hackers have plundered the personal data of world leader, Hollywood Alistair and Billionaire on the exclusive Graff jewelery company.

Exploit: Ransomware

Graff: Jeweler

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.512= Severe

The Conti ransomware gang made headlines again with a successful ransomware attack against high-society jeweler Graff. The company counts clients like Donald Trump, David Beckham, Oprah Winfrey, and other major-league clientele. Graff operates at the top end of the diamond jewelry market, with more than 60 retail stores worldwide. Reports say that the Conti group has already posted 69,000 confidential documents on its dark web leak site including client lists, contact data, and other proprietary information. Ransom demands are reported to be in the millions of pounds.

Individual Impact: No consumer PII or financial data exposure was disclosed in this incident as of press time.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business Firms like Graff not only have records on deep-pocketed clients, they also have records on transactions that those clients may want to have kept quiet.

Source: daily mail