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MSI Targeted by New Cyber-Ransomware Group, Hackers Demand $4 Million Ransom

Taiwanese hardware manufacturer MSI (Micro-Star International) has become the target of a new cyber-ransomware group, Money Message.

The group claims to have extracted the source code from the company’s network. MSI is a well-known producer of motherboards, graphics cards, desktop computers, laptops, peripherals, and industrial systems. The company’s annual income exceeds $6.5 billion.

The hackers behind Money Message posted screenshots of the alleged CTMS and ERP databases owned by MSI on their website, where they usually publish information about leaked data. The ransomware also claims to have stolen software source code, private keys, and BIOS firmware. The cybercriminals threaten to release all the compromised documents in five days if MSI does not comply with their demands.

The total amount of stolen data is 1.5TB, for which the hackers are asking for a $4 million ransom. The hackers demand that MSI fulfil all their requirements to prevent the release of stolen data.

This latest cyber attack highlights the increasing frequency and sophistication of ransomware attacks targeting corporations worldwide. Companies are urged to remain vigilant and ensure that their security measures are up-to-date to mitigate such attacks.

Bhasker Das
Bhasker Das
Bhasker Das, with a master's in Cybersecurity, is a seasoned editor focusing on online security, privacy, and protection. When not decrypting the complexities of the cyber world, Anu indulges in his passion for chess, seeing parallels in strategy and foresight.

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