Taiwanese PC Company MSI Falls Victim to Ransomware Attack

Taiwanese Personal computer organization MSI (brief for Micro-Star Global) formally verified it was the target of a cyber attack on its devices.

The company said it “instantly” initiated incident reaction and recovery steps after detecting “network anomalies.” It also explained it alerted regulation enforcement companies of the make any difference.

That reported, MSI did not disclose any specifics about when the attack took place and if it entailed the exfiltration of any proprietary information and facts, including supply code.

“Presently, the afflicted devices have steadily resumed usual operations, with no sizeable influence on monetary small business,” the business stated in a brief detect shared on Friday.

In a regulatory filing with the Taiwan Inventory Trade, it explained that it really is setting up increased controls of its network and infrastructure to make sure the security of knowledge.

MSI is even more urging people to receive firmware/BIOS updates only from its formal internet site, and chorus from downloading documents from other resources.

The disclosure arrives as a new ransomware gang acknowledged as Cash Message included the organization to its checklist of victims. The threat actor was spotlighted by Zscaler late very last month.

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“The group makes use of a double extortion technique to concentrate on its victims, which entails exfiltrating the victim’s info right before encrypting it,” Cyble famous in an analysis published this 7 days. “The group uploads the information on their leak site if the ransom is unpaid.”

The development arrives a month following Acer confirmed a breach of its have that resulted in the theft of 160 GB of private knowledge. It was marketed on March 6, 2023, for sale on the now-defunct BreachForums.

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Some parts of this article are sourced from:
thehackernews.com