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Italian Asset Manager Azimut Targeted by Ransomware Group BlackCat, Data Stolen

Italian asset management firm Azimut was hit by cyberattackers from the international ransomware group BlackCat, according to reports by cybersecurity firms DarkFeed and Palo Alto Networks. Azimut confirmed the attack, but said it had not affected client data. BlackCat is known to demand ransoms in Monero and Bitcoin, with an additional 15% fee for Bitcoin payments, according to cybersecurity firm SafeBreach. The group has targeted a range of non-crypto organisations, including cosmetics company Estelle Lauder.

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