Gucci, Balenciaga and Alexander McQueen private data ransomed by hackers

The French luxury conglomerate Kering, which owns high-end fashion brands like Gucci, Balenciaga, and Alexander McQueen, has been targeted by hackers who have gained access to private data. The company has confirmed the cyber attack to BBC News. The hackers are now reportedly demanding a ransom in exchange for the stolen data, which could include sensitive information about the companies and their employees. Kering has not disclosed the specific details of the attack or the type of data that was compromised. The incident highlights the growing threat of cybersecurity risks faced by large corporations, particularly in the luxury and fashion industries, which often hold valuable intellectual property and customer data. It serves as a reminder for companies to strengthen their cybersecurity measures and be prepared for potential attacks. Kering has not yet provided any further details on the ongoing investigation or the steps it is taking to mitigate the impact of the breach.