Curo Fund Services Company Cyber Security Posture

curofund.com

Curo is a proudly South African investment administration services provider, focused on providing a wide range of cost effective outsourced investment management solutions, using our integrated and scalable platform to give our clients the competitive edge. We have been in operation for more than a decade to become one of the largest providers in the South African market. Our well-established track record is founded on the principles of specialised investment expertise and market-leading flexibility. We provide a comprehensive investment administration service for Life and Life Wrapped unitised pooled products, Pension/Retirement Funds, Medical Aid Funds, Collective Investment Schemes and Hedge Funds.

CFS Company Details

Linkedin ID:

curo-fund-services

Employees number:

299 employees

Number of followers:

3566

NAICS:

52

Industry Type:

Financial Services

Homepage:

curofund.com

IP Addresses:

Scan still pending

Company ID:

CUR_2917905

Scan Status:

In-progress

AI scoreCFS Risk Score (AI oriented)

Between 800 and 900

This score is AI-generated and less favored by cyber insurers, who prefer the TPRM score.

Ailogo

Curo Fund Services Company Scoring based on AI Models

Model NameDateDescriptionCurrent Score DifferenceScore
AVERAGE-Industry03-12-2025

This score represents the average cybersecurity rating of companies already scanned within the same industry. It provides a benchmark to compare an individual company's security posture against its industry peers.

N/A

Between 800 and 900

Curo Fund Services Company Cyber Security News & History

Past Incidents
1
Attack Types
1
EntityTypeSeverityImpactSeenUrl IDDetailsView
Curo Fund ServicesRansomware100601/2022CUR19543422Link
Rankiteo Explanation :
Attack threatening the economy of a geographical region

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 Futuregrowthโ€™s operations and client flows. Curo and Futuregrowth both immediately investigated the attack and disconnected their systems to minimize the effect of the attack.

Curo Fund Services Company Subsidiaries

SubsidiaryImage

Curo is a proudly South African investment administration services provider, focused on providing a wide range of cost effective outsourced investment management solutions, using our integrated and scalable platform to give our clients the competitive edge. We have been in operation for more than a decade to become one of the largest providers in the South African market. Our well-established track record is founded on the principles of specialised investment expertise and market-leading flexibility. We provide a comprehensive investment administration service for Life and Life Wrapped unitised pooled products, Pension/Retirement Funds, Medical Aid Funds, Collective Investment Schemes and Hedge Funds.

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CFS Cyber Security News

2025-03-27T18:14:33.000Z
Curo Fund Services goes live on Temenos accounting platform

Curo Fund Services, South Africa's largest insurance claims processor, has gone live with Temenos and its Multifonds Global Accounting platform.

2022-01-30T08:00:00.000Z
Ransomware attack took down R2 trillion investment company for five days

Curo Fund Services has restored its systems following a ransomware attack on 19 January.

2024-03-25T07:00:00.000Z
Consumer lender Curo files for bankruptcy to cut $1 bln in debt

Consumer finance company Curo Group filed for bankruptcy protection in Texas on Monday, aiming to complete a restructuring that would eliminate $1 billion inย ...

2022-01-31T08:00:00.000Z
Old Mutual, Sanlam and Futuregrowth say no customer data was compromised in Curo cyberattack

Sanlam and Old Mutual's investment administration service provider, Curo Fund Services, experienced a cyberattack on 19 January.

2022-05-09T07:00:00.000Z
Curo Fund Services appoints Mornรฉ Weyers as its new CIO

Mornรฉ's appointment has the full support of the Curo board. Curo Fund Services has appointed Mornรฉ Weyers as chief information officer (CIO).

2022-05-29T07:00:00.000Z
Lax cybersecurity leaves SA a โ€˜playground for hackersโ€™

Lax cybersecurity has exposed the personal data of millions of ordinary South Africans to hackers, and even President Cyril Ramaphosa's homeย ...

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Frequently Asked Questions

Explore insights on cybersecurity incidents, risk posture, and Rankiteo's assessments.

CFS CyberSecurity History Information

How many cyber incidents has CFS faced?

Total Incidents: According to Rankiteo, CFS has faced 1 incident in the past.

What types of cybersecurity incidents have occurred at CFS?

Incident Types: The types of cybersecurity incidents that have occurred incident Ransomware.

How does CFS detect and respond to cybersecurity incidents?

Detection and Response: The company detects and responds to cybersecurity incidents through containment measures with Disconnected their systems.

Incident Details

Can you provide details on each incident?

Incident : Ransomware

Title: Ransomware Attack on Curo Fund Services

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 Futuregrowthโ€™s operations and client flows. Curo and Futuregrowth both immediately investigated the attack and disconnected their systems to minimize the effect of the attack.

Date Detected: January 2021

Type: Ransomware

What are the most common types of attacks the company has faced?

Common Attack Types: The most common types of attacks the company has faced is Ransomware.

Impact of the Incidents

What was the impact of each incident?

Incident : Ransomware CUR19543422

Systems Affected: Curo Fund Services IT infrastructure, Futuregrowth Asset Management operations and client flows

Operational Impact: Operations of Curo and other asset management clients' services, Futuregrowthโ€™s operations and client flows

Which entities were affected by each incident?

Incident : Ransomware CUR19543422

Entity Type: Fund Administrator

Industry: Financial Services

Incident : Ransomware CUR19543422

Entity Type: Asset Management

Industry: Financial Services

Response to the Incidents

What measures were taken in response to each incident?

Incident : Ransomware CUR19543422

Containment Measures: Disconnected their systems

Data Breach Information

How does the company handle incidents involving personally identifiable information (PII)?

Handling of PII Incidents: The company handles incidents involving personally identifiable information (PII) through was Disconnected their systems.

Additional Questions

Incident Details

What was the most recent incident detected?

Most Recent Incident Detected: The most recent incident detected was on January 2021.

Impact of the Incidents

What was the most significant system affected in an incident?

Most Significant System Affected: The most significant system affected in an incident were Curo Fund Services IT infrastructure, Futuregrowth Asset Management operations and client flows.

Response to the Incidents

What containment measures were taken in the most recent incident?

Containment Measures in Most Recent Incident: The containment measures taken in the most recent incident was Disconnected their systems.

What Do We Measure?

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Digital Assets

Every week, Rankiteo analyzes billions of signals to give organizations a sharper, faster view of emerging risks. With deeper, more actionable intelligence at their fingertips, security teams can outpace threat actors, respond instantly to Zero-Day attacks, and dramatically shrink their risk exposure window.

These are some of the factors we use to calculate the overall score:

Network Security

Identify exposed access points, detect misconfigured SSL certificates, and uncover vulnerabilities across the network infrastructure.

SBOM (Software Bill of Materials)

Gain visibility into the software components used within an organization to detect vulnerabilities, manage risk, and ensure supply chain security.

CMDB (Configuration Management Database)

Monitor and manage all IT assets and their configurations to ensure accurate, real-time visibility across the company's technology environment.

Threat Intelligence

Leverage real-time insights on active threats, malware campaigns, and emerging vulnerabilities to proactively defend against evolving cyberattacks.

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