News and Updates on Information Technology

Italian luxury fashion giant Moncler confirmed that they suffered a data breach

Exploit: Ransomware

Montcler: Luxury Fashion & Outerwear

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.727= Severe

Luxury retailer Montcler has disclosed that it suffered a data breach in December 2021 after data began appearing on a cybercriminal leak site. The company confirmed that some data related to its employees, former employees, suppliers, consultants, business partners, and customers was stolen and subsequently leaked after they refused to pay the demanded $3 million ransom. The AlphaV (BlackCat) ransomware operation has claimed responsibility. The stolen data is said to include earning statements, spreadsheets with what appears to be customer information, invoices, and other documents, but no specifics were provided.

Individual Impact: No information about exposed customer personal or financial data was available at press time.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business retailers have been steadily climbing the cybercriminal’s target hit list, especially luxury brands, and specialty retailers.

Source: bleeping computer