The financial accounting department of FACC Operations was targeted in a cyber-attack through a spear-phishing campaign.
The hackers were able to steal a total of EUR 50 million of liquid funds from its account.
The management board immediately took structural measures and evaluated the damages and claimed insurance.
TPRM report: https://scoringcyber.rankiteo.com/company/facc-ag
"id": "fac1358522",
"linkid": "facc-ag",
"type": "Cyber Attack",
"date": "01/2016",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"
{'affected_entities': [{'industry': 'Financial Accounting',
'name': 'FACC Operations',
'type': 'Company'}],
'attack_vector': 'Spear-Phishing Campaign',
'description': 'The financial accounting department of FACC Operations was '
'targeted in a cyber-attack through a spear-phishing campaign. '
'The hackers were able to steal a total of EUR 50 million of '
'liquid funds from its account. The management board '
'immediately took structural measures and evaluated the '
'damages and claimed insurance.',
'impact': {'financial_loss': 'EUR 50 million'},
'initial_access_broker': {'entry_point': 'Spear-Phishing Email',
'high_value_targets': 'Financial Accounting '
'Department'},
'motivation': 'Financial Gain',
'post_incident_analysis': {'corrective_actions': 'Structural Measures Taken',
'root_causes': 'Spear-Phishing Campaign'},
'response': {'containment_measures': 'Structural Measures Taken'},
'title': 'Spear-Phishing Attack on FACC Operations',
'type': 'Spear-Phishing'}