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Norfund controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Cyberattack and diversion of investment funds

    A cyberattack compromised Norfund systems and caused approximately USD 10 million intended for a Cambodian microfinance institution to be transferred to an account in Mexico. Norfund disclosed the breach in May 2020, said the crime remained unsolved as of September 2020, and commissioned investigations involving Norwegian cybercrime authorities, DNB and PwC.

    Source