Crypto Asset Manager Azimut (Over $87 Billion) Hit with Ransomware Attack

Azimut Group, an Italian asset management company managing over $87.2 billion in assets, released a public statement regarding a recent cyber incident. A ransomware attack hit the Italian asset management company Azimut, which manages over $87 billion in assets. The firm has invested millions of Euros in crypto, making it a high-profile target.

BlackCat, also called ALPHV, has claimed responsibility. Azimut Group, the Italian asset management powerhouse overseeing a staggering $87.2 billion in assets, is standing firm against the cyber extortion. Azimut Italian Asset Manager, Stands Firm Against 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 demands made by the attackers. This comes as Azimut Group, an Italian asset management company managing over $87.2 billion in assets, released a public statement indicating that it.

Despite the severity of the attack, and the potential risks involved from groups like BlackCat, a recent report from Chainalysis indicates a 40% decrease in ransomware payments. The implications of this attack, and Azimut's response, are being closely monitored within the crypto asset management community. Nivesh RustgiAzimut

Source: World One News Page: Tuesday