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Ferguson Wellman Capital Management

listed as Ferguson Wellman · Claimed by Losttrust · listed 3 years ago

$8.2B
Ransom
demanded
34m
Age
since listed · data leaked

Status timeline

  1. ListedSep 26, 2023
  2. Data leakeddate unknown

At a glance

Group
Losttrust
Status
Data leaked
Country
United States
Sector
Financial Services
Listed on leak site
Sep 26, 2023
Ransom demanded
$8.2B

About the victim

AI dossier — public-source company profile

Ferguson Wellman Capital Management is a privately owned investment advisory firm headquartered in Portland, Oregon, with additional offices in Bellevue, Washington and Vancouver, Washington. The firm designs and manages customized investment portfolios for individuals, families, and institutions, including IRAs, trusts, foundations, endowments, and pension plans. Through its divisions Ferguson Wellman, West Bearing Investments, and the Octavia Group private family office, the firm manages approximately $8.2 billion in assets for 913 clients.

Industry
Investment Advisory & Wealth Management
Address
888 Southwest Fifth Avenue, Suite 1200, Portland, Oregon 97204
Employees
51-200

Attack summary

Severity: critical — The firm manages $8.2 billion for 913 high-net-worth and institutional clients; data published by the group likely includes sensitive PII, financial account details, and regulated financial records for ultra-high-net-worth individuals, trusts, foundations, and pension plans — constituting critical-scale regulated financial data exposure.

The Losttrust ransomware group claims to have compromised Ferguson Wellman Capital Management and has published data (disclosed status: data_published). The leak post references the firm's client and asset details, suggesting exfiltration of sensitive financial and client records pertaining to high-net-worth individuals and institutional clients.

critical

Data the group says was taken

AI dossier — extracted from the leak post
  • Client financial records
  • Investment portfolio data
  • IRA and trust account information
  • Institutional retirement and pension plan data
  • High-net-worth individual client data
  • Internal business and advisory documents

What the group claims

WE ARE A PRIVATELY OWNED, INVESTMENT ADVISORY FIRM serving individuals, families and institutions. For more than 40 years, we have designed and managed customized investment portfolios for clients’ IRAs, trusts, foundations, endowments, corporate retirement and pension plans. Ferguson Wellman and its division, West Bearing Investments, manage $8.2 billion for 913 clients. (updated annually, as of January 1, 2022) We have created two entry points to the same investment strategies that have been created by our own team of analysts. Our minimum for Ferguson Wellman client portfolios is $4 million and $1 million for West Bearing clients. With areas of expertise in investments, wealth management, institutional services and financial planning, we work together as a team to serve all client needs. Our private family office, Octavia Group, provides a suite of services that bring order and clarity to clients’ entire financial well-being. It is designed exclusively for our clients who have a minimum of $10 million managed by our firm.

Sources

Source

Indexed 3 years ago

This page surfaces a public ransomware disclosure indexed by Darkfield. Original posts come from the operator's own leak site; we cross-check against ransomware.live, RansomLook and RansomWatch where applicable. Share this URL freely.

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Disclosure context

About Losttrust

Losttrust is a relatively new ransomware group that emerged in September 2023, operating with apparent financial motivations and demonstrating a broad international targeting scope across multiple sectors. The group's origin and affiliations remain largely undocumented by major threat intelligence organizations, with limited public reporting from established security firms regarding their operational structure or potential ransomware-as-a-service connections. Based on available victim data, Losttrust appears to employ opportunistic targeting methods, having compromised 53 known victims across diverse geographic regions including the United States, Italy, Germany, Argentina, and India, with particular focus on education, legal services, media organizations, food and agriculture companies, and government entities. The specific attack methodologies, initial access vectors, encryption techniques, and extortion tactics employed by Losttrust have not been extensively documented in public threat intelligence reports from major security vendors or law enforcement agencies. Given the group's recent emergence and limited visibility in established threat intelligence channels, their current operational status and activity levels remain unclear, though the breadth of their reported victim base suggests ongoing operations as of recent observations. The group has been linked to 53 public disclosures across our corpus. First observed on a leak site on September 26, 2023. The operation is currently inactive.

Also tracked as: LOST TRUST.

Timeline of this disclosure

  • September 26, 2023Ferguson Wellman listed by Losttruston the group's public leak site
Ransom demanded
$8.2B

Other recent disclosures by Losttrust

Losttrust has been linked to 53 public victims on Darkfield. A sample of the most recent:

See the full Losttrust dossier →

Sector and geography

This disclosure adds to ransomware activity in the Financial Services sector, which has 1,192 disclosures indexed across all operators we track. Geographically, Ferguson Wellman is reported in United States, a country with 11,033 ransomware disclosures in our corpus.

If your organisation is affected

A listing by Losttrust means Ferguson Wellman appeared on a ransomware extortion site and data attributed to it has been published. If this is your organisation, or a supplier you depend on, the priority is to confirm the intrusion and contain it before the window to act closes.

  • Engage your incident-response team and preserve forensic evidence before remediating — do not wipe affected systems first.
  • Force a password reset and revoke active sessions for exposed accounts; rotate any credentials, API keys or certificates that may have been in the stolen data.
  • Assess regulatory notification duties (GDPR, NIS2, sector regulators) — many carry a 72-hour reporting clock from awareness.
  • Report the incident to your national CERT, CISA (United States), as required for your jurisdiction.
  • Monitor for the data appearing on Losttrust's leak site and across paste and breach channels, and brief downstream partners who may be exposed through you.

How we know this. Darkfield monitors public ransomware leak sites continuously, archiving every new disclosure and the data later released against the victim. Each entry on this page is sourced from the operator's own publication and cross-checked against complementary OSINT feeds (RansomLook, ransomware.live, RansomWatch). We do not collect or host stolen data — only the metadata, timestamps and screenshots needed to make the public disclosure searchable and accountable. Records here are corrected when the original post is edited, retracted, or merged with another disclosure.