Prime Asset Fund Falls Victim to Qilin Ransomware

🏢 About Prime Asset Fund

Prime Asset Fund, based in the United States, operates in the investment banking and financial services sector. The company reportedly employs between 20 to 49 staff members and generates estimated annual revenues ranging from $10 million to $25 million.

The firm manages several funds in both the U.S. and Europe but has faced scrutiny for lack of transparency and regulatory oversight. Qilin ransomware actors now claim to have compromised sensitive financial data, raising concerns of systemic risks, money laundering, and exposure of investor details.

⚠ Disclaimer

This report includes actual screenshots and/or text that may include unredacted personally identifiable information (PII) obtained from publicly available sources. Information is provided solely for cybersecurity awareness and threat intelligence purposes.

📌 Overview

On September 17, 2025, the Qilin ransomware group listed Prime Asset Fund on its dark web leak site.

The attackers allege they exfiltrated sensitive financial records, balance sheets, reconciliation documents, and investor details. Leaked files include full fund archives and internal financial records, potentially compromising not only the organization’s operations but also investor privacy.

📊 Key Details