What You Need to Know about the Gucci, Balenciaga, and Alexander McQueen Data Breach
The French luxury conglomerate, Kering, recently confirmed a data breach affecting millions of customers. As a Paris-based luxury group, it has a portfolio of houses in fashion and jewelry. Some of its stable brands include Alexander McQueen, Balenciaga, and Gucci. The cybercriminal group, ShinyHunters, claimed responsibility for the attack. Unlike traditional ransomware groups, which would encrypt the data, they usually monetize by extortion to sell the information on secret forums.