Luxury Italian sports car maker, Ferrari, has revealed that it was the victim of a ransomware attack that may have compromised customer contact information.

However

Ferrari

has refused to pay the ransom and has instead taken quick action to investigate and strengthen its cybersecurity measures with the help of outside experts.

The company has also alerted its customers to the incident and acknowledged the significance of protecting client privacy and confidentiality. The company has also alerted its customers to the incident and acknowledged the significance of protecting client privacy and confidentiality.

The attack comes as Ferrari reported impressive financial results for 2022 and prepares to release its highly anticipated SUV, the Purosangue, in 2023.

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Do you think that this Cyberattack on Ferrari will lead to a widespread threat of Cyber Security Hackers on other Automakers in the Future?

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Was it a good idea to have not paid the ransom? Its been a while so do you think they'll find it?