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

Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 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