Norfund

The world’s largest wealth fund, Norfund, which manages an estimated $1 trillion of assets created off the back of Norway’s vast oil reserves earning plenty of money on the markets. became the victim of a major cyberattack.

It had made the fund’s reserves a little lighter.

The fund calls it an advance data breach, which has lost it $10 million of its cash reserves, equivalent to 100 million Norwegian kroner.

The defrauders manipulated and falsified information exchange between Norfund and the borrowing institution over time in a way that was realistic in structure, content, and use of language.

In addition to emails, documents and payment details were also falsified.

Source: https://cybernews.com/news/hackers-strike-worlds-largest-sovereign-wealth-fund/

TPRM report: https://scoringcyber.rankiteo.com/company/norfund

"id": "nor1337301222",
"linkid": "norfund",
"type": "Breach",
"date": "05/2020",
"severity": "50",
"impact": "2",
"explanation": "Attack limited on finance or reputation"

{'affected_entities': [{'industry': 'Finance',
                        'location': 'Norway',
                        'name': 'Norfund',
                        'type': 'Wealth Fund'}],
 'attack_vector': 'Email, Document, Payment Details Falsification',
 'description': "Norfund, the world's largest wealth fund, suffered a data "
                'breach resulting in a $10 million financial loss. The '
                'attackers manipulated and falsified information exchanges '
                'between Norfund and a borrowing institution.',
 'impact': {'financial_loss': '$10 million'},
 'motivation': 'Financial Gain',
 'title': 'Norfund Data Breach and Fraud',
 'type': 'Data Breach, Fraud'}