Do hackers drink Campari?
Restoring Campari's IT services, blocked due to a cyber attack, is more difficult than expected and the group does not exclude significant financial repercussions
Have the hackers bought into Campari's bills too?
The company, known worldwide for its aperitif and various alcoholic beverages, was hit by a cyber attack on November 1 and is now at work to restart some activities and services: it begins to do the first damage accounts cheap. And the group does not rule out that there may be "some temporary impact on financial performance".
All the details.
THE ATTACK
The Italian-Dutch Campari group, owned by Lagfin SCA with 66% , which within it includes brands such as Aperol, Wild Turkey and Grand Marnier, was hit on November 1st 2020 by a hacker attack that knocked out the systems computer scientists.
"Campari Group informs that, presumably on 1 November 2020, it was the subject of a malware attack (computer virus), which was promptly identified", wrote the company in a note, specifying : "The company has implemented a temporary suspension of IT services, as some systems have been isolated in order to allow for their sanitization and progressive restart in safe conditions for a timely restoration of ordinary operations ".
WHAT HAPPENED
The company would have been affected, in particular, by a "variant of the RagnarLocker ransomware", commented General Umberto Rapetto , specifying that this computer virus "does not just encrypt the data but also provides for their exfiltration, or their copy and the subsequent transfer to a server in the hands of the offenders ".
CAMPARI: SOME DATA HAS BEEN LOST
Confirming what Rapetto describes, the company on November 6 states : “The security and confidentiality of all data are top priorities for us. Unfortunately, we see the loss of some data: we are still investigating the attack and, in particular, determining to what extent the loss of confidentiality and availability of certain personal and business data has occurred. At this stage, we cannot rule out that some personal and business data have been breached ”.
DEMANDING RESTORATION
In the meantime, the operation to restore the IT services continues. Restoration, however, which is more demanding than expected. "Some services have been progressively restarted after the completion of the sanitation activity and the installation of additional safety measures", writes the group in a note, adding: "In the meantime, other systems remain temporarily and deliberately suspended or operating with functional reduced in several sites, waiting to be sanitized or reconstituted with the aim of restoring full operation in a completely safe way ".
“Our goal is to ensure business continuity as widely as possible for our businesses as well as those of our customers and business counterparties. Therefore, continuity plans are being implemented according to a certain order of priority with the aim of restoring activities in the quickest, albeit more prudent, way to avoid any future relapse ”, added Campari.
THE FINANCIAL EFFECTS
It is not excluded that longer recovery and restart times and data loss can also have financial repercussions. “We constantly monitor the situation to evaluate and minimize recovery times. But, as a result of the longer recovery times than initially expected, we expect what has happened to have some temporary effect on the Group's financial performance ”.
THE NUMBERS OF THE CAMPARI GROUP
The company, reads the financial report , closed the first nine months of 2020 with revenues of 1,282.5 million euros, down by 1.6%, compared to the result obtained in 2019 with net revenues of 1,303.8 million euros recorded from January to September 30th.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/attacco-cyber-si-beve-campari/ on Mon, 09 Nov 2020 11:01:01 +0000.