DisclosureLens
GLOBALMalwareFinancial ServicesFinanceRansomwareSpacebearsRansom DemandedActor NamedData Leak ThreatenedData PublishedHigh

Namforce Life Insurance

bd_d9c8e169fb6cbf6c · schema v1 · pii pii-v1

Severity

High

Discovered

Filed

Nov 21, 2024

To disclose

Affected

Not disclosed

Confidence

50%
Full breach record for Namforce Life Insurance

Threat-actor claim — not a regulatory filing

This row is a claim by the ransomware group Spacebears on its public extortion blog. It has not been validated by the victim or any regulator. Treat attribution and counts as the threat actor's assertion until a regulatory filing or victim disclosure corroborates them.

Group activity: Financial ServicesDiscovered: 2024-11-29

Source: Ransomware.live

Post text · scraped from the leak site

Namforce Life Insurance Limited (Namforce) is a life insurance company. The company was granted its Long-Term License in 2017. The purpose and aim of Namforce is to provide financial services to clients in the life insurance sector.Namforce, born out of a noble mission, has undergone a significant expansion, now offering its services to the broader public. In the early 1990s, soon after Namibia's independence, the government recognized the importance of providing insurance coverage to the brave members of the Namibian armed forces. To address this need, a scheme was initiated to provide life, disability, and funeral insurance to these individuals.​Originally administered by various insurance companies, the government later established Namforce as a dedicated life insurance company. Officially licensed by the regulator in 2017, Namforce has continuously evolved to meet the changing needs of its clientele. In line with its commitment to inclusivity and accessibility, Namforce has expanded its services beyond the armed forces, now extending its comprehensive insurance offerings to the public at large. With a steadfast dedication to providing reliable and tailored insurance solutions, Namforce remains a trusted partner for individuals seeking peace of mind and financial security.• Financial document, accounting reports, backup, customer database, personal information of employees and client https://www.namforce.com.na/

Incident timeline — mostly unverified

? — ?

Breach window unknown

Nov 21, 2024

Claim posted

No filing yet · watching

Compliance clocks stay unassessable until a regulatory filing lands. Dashed segments fill in automatically when corroboration arrives.

Claim → filing

Compliance clock

Not assessable

Tracked as a single-filing incident — the only disclosure on record for this event so far.Unverified claimView incident

Evidence ladder

Leak-site claimThis record

Attacker assertion only. Establishes: claim date, group, alleged victim.

Press / market report

Unlocks: incident narrative, operational impact. Still no compliance clock.

State AG / regulator filing

Unlocks: discovery date, data types, affected count, compliance clock.

SEC 8-K / victim statement

Unlocks: materiality, stated response, full audit trail. Ceiling removed.

No regulatory filing corroborates this yet — it is the attacker's own assertion. Watch this entity to be notified the moment a filing corroborates or contradicts it.

Source ceiling

  • actor name
  • victim claim
  • ransom/leak status
  • discovery date
  • materiality
  • notification
  • affected count
  • confirmed data types
  • compliance clock

The ✕ fields stay blank until a regulatory filing or victim disclosure lands.

About this groupFirst seen 2024-04-25

spacebears

According to ransomware.live, Space Bears is a double-extortion ransomware group that emerged in April 2024, distinguished by a professional "corporate" aesthetic on its leak site, leveraging Phobos RaaS infrastructure and targeting small-to-medium organizations in manufacturing, technology, and healthcare across the US and Europe.

157 tracked hereFull profile →