Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Hackers get access to Christie’s buyers data

28 may 2024

The recent problems with Christie’s auction house web services that disabled its online sales for a few days were allegedly a result of a calculated attack by a hacker group that got access to data on 500,000 clients.

Hackers from RansomHub group claimed they perpetrated the attack, having accessed sensitive information on more than 500,000 of Christie’s private clients. The group claimed they tried negotiating with Christie’s to gouge out payment for the stolen data but the auction house cut off communication with hackers.

RansomHub’s message on the dark web contained a sample of the compromised data, which included names, nationalities, and birth dates of some of the clients and collectors.

Following the cyberattack, Christie’s addressed the incident as a “technology security issue” and later notified privacy regulators, government agencies, and affected clients while cybersecurity experts verify the extent of the data compromise.

“We are taking all necessary steps to manage this matter, with the engagement of a team of additional technology experts. We will provide further updates to our clients as appropriate,” Christie’s said in a statement regarding the incident.

The hackers warned that failing to reach an agreement could lead to severe consequences, including heavy fines under the European General Data Protection Regulation (GDPR) and damage to Christie’s reputation.

Theodor Lisovoy, Editor in Chief, Rough&Polished