Security News > 2022 > April > Luxury fashion house Zegna confirms August ransomware attack
The Italian luxury fashion house Ermenegildo Zegna has confirmed an August 2021 ransomware attack that resulted in an extensive IT systems outage.
To highlight the potential investment risks, the report provides an example of a ransomware attack that hit the firm in August 2021, impacting most of its IT systems and causing a large-scale interruption.
While Zegna had previously disclosed unauthorized access to their systems at the time, it was not until today's SEC filing that they confirmed it was a ransomware attack.
"In August 2021, we were subject to a ransomware attack that impacted the majority of our IT systems. As we refused to engage in discussions relating to the payment of the ransom, the responsible parties published certain accounting materials extracted from our IT systems," reads Zegna's SEC filing.
The leaked data was stolen from Zegna's systems and was published by the ransomware gang on the day of the firm's announcement of their attack.
This is the same ransomware group that has hit corporate giants such as Konica Minolta in August 2020, GIGABYTE in August 2021, and more recently, Hellmann Worldwide.
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