MSI confirms data breach following ransomware attack

Date:
Mon, 10 Apr 2023 10:05:10 +0000

Description:
Criminal group reportedly asks for $4 million in exchange for stolen MSI data.

FULL STORY ======================================================================

Taiwanese computing hardware powerhouse MSI has suffered a ransomware attack last week, but is playing down its impact.

PCMag discovered a report the company filed with the Taiwanese Stock Exchange (TWSE) in which MSI detailed the incident, including a discussion of what
data could have been potentially taken in the attack, and the effects it
might have on the business.

"After detecting some information systems being attacked by hackers, MSI's IT department has initiated information security defense mechanism and recovery procedures. The Company also has been reported [sic] the anomaly to the relevant government authorities," MSI said. No significant impact

Other than that, details of the attack are scarce. We dont know exactly when the incident occurred (it could have happened months ago), which systems and endpoints the company had encrypted, or if any sensitive data was taken in
the attack.

MSI has said the cyberattack did not have any significant operational or financial impact, noting:

"No significant impact our business in terms of financial and operational currently. The Company is also enhancing the information security control measures of its network and infrastructure to ensure data security."

It did, however, warn its users to get BIOS and firmware updates from
official sources, BleepingComputer reported.

"MSI urges users to obtain firmware/BIOS updates only from its official website, and not to use files from sources other than the official website," the company said. Read more

Clop ransomware may have infected even more victims than previously thought

Saks Fifth Avenue becomes latest Clop ransomware victim

Check out the best malware protection right now

Earlier this week, the Money Message ransomware gang claimed to infiltrate some of MSI's systems and stolen files that will be leaked online next week
if the company refuses to pay a $4 million ransom.

Although the company did not say who was behind the attack, a threat actor known as Money Message claimed to have breached MSIs systems and stolen some files. It asked for $4 million in order not to publish the files. These are the best endpoint protection tools right now

Via: BleepingComputer



======================================================================
Link to news story: https://www.techradar.com/news/msi-confirms-data-breach-following-ransomware-a ttack


--- Mystic BBS v1.12 A47 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)