Curo Fund Services

Curo Fund Services

The fund administrator to Futuregrowth Asset Management, Curo Fund Services suffered a ransomware attack on its IT infrastructure in January 2021.

The attack impacted operations and other asset management clients' services and even Futuregrowth’s operations and client flows.

Curo and Futuregrowth both immediately investigated the attack and disconnected their systems to minimize the effect of the attack.

Source: https://www.futuregrowth.co.za/insights/ransomware-attack-at-curo-fund-services/

TPRM report: https://scoringcyber.rankiteo.com/company/curo-fund-services

"id": "cur19543422",
"linkid": "curo-fund-services",
"type": "Ransomware",
"date": "01/2022",
"severity": "100",
"impact": "6",
"explanation": "Attack threatening the economy of a geographical region"
{'affected_entities': [{'industry': 'Financial Services',
                        'name': 'Curo Fund Services',
                        'type': 'Fund Administrator'},
                       {'industry': 'Financial Services',
                        'name': 'Futuregrowth Asset Management',
                        'type': 'Asset Management'}],
 'date_detected': 'January 2021',
 'description': 'The fund administrator to Futuregrowth Asset Management, Curo '
                'Fund Services suffered a ransomware attack on its IT '
                'infrastructure in January 2021. The attack impacted '
                "operations and other asset management clients' services and "
                'even Futuregrowth’s operations and client flows. Curo and '
                'Futuregrowth both immediately investigated the attack and '
                'disconnected their systems to minimize the effect of the '
                'attack.',
 'impact': {'operational_impact': ['Operations of Curo and other asset '
                                   "management clients' services",
                                   'Futuregrowth’s operations and client '
                                   'flows'],
            'systems_affected': ['Curo Fund Services IT infrastructure',
                                 'Futuregrowth Asset Management operations and '
                                 'client flows']},
 'response': {'containment_measures': ['Disconnected their systems']},
 'title': 'Ransomware Attack on Curo Fund Services',
 'type': 'Ransomware'}
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