Christie’s confirms breach after RansomHub threatens to leak data

Christie’s confirms breach after RansomHub threatens to leak data

May 28, 2024 at 12:15PM

Christie’s auction house suffered a security incident after the RansomHub group threatened to leak stolen data. The breach exposed client information but didn’t compromise financial records. Christie’s is notifying affected clients, privacy regulators, and government agencies. RansomHub, a ransomware group, demands ransom and auctions stolen data. They claim to hold 500,000 clients’ sensitive information.

From the meeting notes, it can be summarized that Christie’s experienced a security incident which resulted in a data breach impacting some of its clients. The RansomHub extortion gang claimed responsibility for the breach and threatened to leak the stolen data unless a ransom payment was made. The stolen data reportedly includes personal information of 500,000 clients, and the cybercriminals are using reputation damage and GDPR fines to pressure Christie’s. Christie’s is taking swift action and has notified privacy regulators, government agencies, and plans to inform affected clients through personalized communications. RansomHub is known for demanding ransom payments in exchange for not publishing and deleting stolen data, and they are reported to auction the stolen files to the highest bidder. It’s important to note that the attack did not compromise any financial or transactional records.

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