Curo Fund Services: Financial Services
Risk to Business: 1.621 = Severe
Curo Fund Services, South Africa’s biggest provider of investment administration services, was the victim of a ransomware attack that left the company unable to access its systems for five days. The company assured clients that no money was at risk and their sensitive data was not in jeopardy. The attack prevented Curo’s clients from processing investment-related instructions or offering other services through the company’s platform. The incident is under investigation.
Individual Impact: No specifics about any consumer/employee PII or financial data loss were available at press time.
Customers Impacted: Unknown
How it Could Affect Your Customers’ Business The financial sector has been a huge target for ransomware groups, from De Fi platforms to investment banking houses, and companies should be very cautious.
Source: My Broadband co