Italian asset manager Azimut, which manages over $87 billion in assets, has been hit with a ransomware attack by the hacking group BlackCats. The group threatened to leak sensitive customer details online if their demands were not met. However, Azimut has refused to comply with the ransomware demand and released a public statement stating that they will not comply by any means. The attack highlights the growing threat of ransomware attacks targeting financial institutions and the need for robust cybersecurity measures to protect sensitive customer information.
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$87B Italian Asset Manager Azimut Hit With Ransomware Attack Azimut has already refused the demands from ransomware group BlackCats, who threatened to leak sensitive customer details online.
Azimut Group, an Italian asset management company managing over $87.2 billion in assets, released a public statement indicating that it would "not comply by any means" with a ransomware demand from the infamous hacking group BlackCat.
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