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

• SilTerra Malaysia Sdn. Bhd.
• Semiconductor Companies Targeted by Ransomware - Recorded Future
• List of semiconductor fabrication plants - Wikipedia
• Semiconductor industry faced 8 attacks from ransomware groups, extortion gangs in 2022 - The Record