Norway’s state investment fund, Norfund, suffered a business email compromise (BEC) attack, hackers stole $10 million.

Hackers stole $10 million from Norway’s state investment fund, Norfund, in a business email compromise (BEC) attack.

Norfund is a private equity company established by the Norwegian Storting (parliament) in 1997 and owned by the Norwegian Ministry of Foreign Affairs. The fund receives its investment capital from the state budget.

The fraudsters compromised the Norfund email system and monitored communications between the employees of the fund and their partners for months.

In full: https://securityaffairs.co/wordpress/103242/cyber-crime/norway-norfund-scam.html

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