lv attacks SilTerra Malaysia
Incident Date:
June 4, 2022
Overview
Title
lv attacks SilTerra Malaysia
Victim
SilTerra Malaysia
Attacker
Lv
Location
First Reported
June 4, 2022
SilTerra Malaysia Sdn. Bhd. Ransomware Attack
Company Overview
SilTerra Malaysia Sdn. Bhd., initially known as Wafer Technology, was established in 1995 and is based in Kulim, with a sales office in Taiwan. It represents a strategic investment by Dagang NeXchange Berhad (DNeX) and Beijing Integrated Circuit Advanced Manufacturing and High-End Equity Investment Fund Center (Limited Partnership) (CGP Fund). In 2021, IC Insights ranked SilTerra 17th globally among pure-play foundries.
Industry Standout
SilTerra demonstrates a strong commitment to environmental sustainability and social equity, integrating its sustainability agenda into all aspects of its decision-making and strategic direction. The company focuses on 12 material issues that are of strategic importance to its business, stakeholder concerns, and its potential to make a positive impact, emphasizing Environmental, Social, and Governance (ESG) matters.
Vulnerabilities
The LV ransomware group has claimed to have exfiltrated 1 TB of data from SilTerra Malaysia Sdn. Bhd., including sensitive information such as business planning documents, insurance details, financial records, employee data, and client information. This incident is part of a larger pattern of ransomware attacks targeting the semiconductor industry, with notable companies like NVIDIA, AMD, and Samsung also falling victim.
Impact
The ransomware attack on SilTerra Malaysia Sdn. Bhd. underscores the critical need for enhanced cybersecurity defenses in the semiconductor sector, a key component of the global technology infrastructure. This attack is particularly noteworthy given SilTerra's global recognition and its dedication to sustainability.
Sources
Recent Ransomware Attacks
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