Luxury Fashion Brand Moncler Suffers Data Breach Following a Ransomware Attack

Moncler, an Italian luxury fashion brand, disclosed that it experienced a data breach after ALPHV, also known as BlackCat ransomware gang files managed to steal its files in December. According to BleepingComputer, the stolen data was leaked on the dark web this week.

What Is BlackCat Ransomware?

This relatively new ransomware organization, which appeared at the end of last year, has the potential to be the most advanced ransomware of 2021, with a highly adjustable feature set that allows for attacks on a wide range of corporate setups.

The ransomware executable is written in Rust, a programming language that, while not frequently used by malware developers, is gaining popularity because of its high efficiency and memory safety.

More on the Moncler Ransomware Attack

The ransomware attack occurred at the end of 2021 when the fashion giant announced a disruption in its IT services but promised that the shutdown would only be temporary.

The company issued a brief update on the situation at the beginning of this month, confirming that “logistics activities related to the shipping of final products have been reactivated,” and adding that it will prioritize shipments for its e-commerce clients. It also said that its customer service operations

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