Data Breach

MSI confirms security breach after Money Message ransomware attack

Multinational IT corporation MSI (Micro-Star International) confirms security breach after Money Message ransomware gang claimed the hack.

This week the ransomware gang Money Message announced to have hacked the Taiwanese multinational IT corporation MSI (Micro-Star International). Micro-Star International AKA MSI designs, manufactures, and sells motherboards and graphics cards for customers in the United States, Canada, and internationally. MSI is headquartered in Taipei, Taiwan.

The ransomware group added the company to the list of victims on its Tor leak site, it claims to have stolen the source code from the company, including a framework to develop bios, and private keys.

The group published a series of screenshots of the company’s CTMS and ERP databases

The Money Message group threatens to publish the stolen files by Wednesday, April 12, 2023, if the company will not pay the ransom.

Today MSI confirmed the security breach, it confirmed that threat actors had access to some of its information service systems.

“MSI recently suffered a cyberattack on part of its information systems. Upon detecting network anomalies, the information department promptly activated relevant defense mechanisms and carried out recovery measures, and reported the incident to government law enforcement agencies and cybersecurity units.” reads a statement published by the company. “Currently, the affected systems have gradually resumed normal operations, with no significant impact on financial business.”

The company reported the security breach to the relevant authorities, and it downplayed the incident, saying that the attack had no significant financial and operational impact.

In response to the incident, the company announced it is enhancing the information security control measures of its network and infrastructure.

MSI is urging users to obtain firmware/BIOS updates only from its official website fearing that threat actors could circulate malware-laced versions of the company’s BIOS.

BleepingComputer first reported that the ransomware gang claimed the theft of 1.5TB of internal files and has demanded a ransom payment of $4,000,000.

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Pierluigi Paganini

(SecurityAffairs – hacking, MSI)

Pierluigi Paganini

Pierluigi Paganini is member of the ENISA (European Union Agency for Network and Information Security) Threat Landscape Stakeholder Group and Cyber G7 Group, he is also a Security Evangelist, Security Analyst and Freelance Writer. Editor-in-Chief at "Cyber Defense Magazine", Pierluigi is a cyber security expert with over 20 years experience in the field, he is Certified Ethical Hacker at EC Council in London. The passion for writing and a strong belief that security is founded on sharing and awareness led Pierluigi to find the security blog "Security Affairs" recently named a Top National Security Resource for US. Pierluigi is a member of the "The Hacker News" team and he is a writer for some major publications in the field such as Cyber War Zone, ICTTF, Infosec Island, Infosec Institute, The Hacker News Magazine and for many other Security magazines. Author of the Books "The Deep Dark Web" and “Digital Virtual Currency and Bitcoin”.

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