Cyber Incident Victim: Hirsche Private Asset Management Ltd.
Date:
Jan 2015
Location:
Taiwan
Summary
Hirsche Private Asset Management experienced a malicious cyberattack that disrupted its IT infrastructure, prompting an investigation into the breach. Client data was potentially compromised, leading the company to advise affected individuals to disregard unsolicited third-party communications and exercise caution until the inquiry concludes. The firm assured clients that account balances, certificates, and obligations would be honored despite electronic communication limitations, while technical teams worked to prevent unintended malware transmission. A dedicated security team was deployed to safeguard accounts and address vulnerabilities, with personalized support offered to stakeholders. The company apologized for the disruption and requested patience during recovery efforts.
| CIA Posture | Motives | Tactics, Techniques & Procedures |
|---|---|---|
| Available to members | 3 motives | 2 techniques |
| Threat Actors | Type | Location |
|---|---|---|
| 0 actors | Available to members | Available to members |
Description
On January 7, 2015, Hirsche Private Asset Management Ltd. publicly disclosed a significant breach of its IT security infrastructure caused by malicious attacks attributed to an unspecified hacker group. The attacks resulted in the shutdown of the company's IT systems, disrupting normal operations and electronic communications. The Taiwan-based corporation confirmed client data exposure during the incident and urgently advised its clientele to ignore any unsolicited information requests or offers from unknown third parties. Hirsche Private Asset Management initiated an immediate investigation into the breach while technical engineers worked to verify whether viruses or other damaging software could be transmitted through attempted communications. The company explicitly stated it could not currently engage in electronic correspondence due to infrastructure compromises, requesting patience from affected clients during the ongoing forensic examination.
In response to the breach, Hirsche Private Asset Management recruited a professional team to secure client accounts and prevent financial improprieties, while simultaneously ensuring the delivery of outstanding balances, certificates, and obligations through alternative methods. The company emphasized its team's expertise in addressing personal financial circumstances and coordinating with stakeholders including family members, financial advisers, and business interests. A corporate spokesperson formally recommended that clients conduct independent due diligence regarding financial decisions, specifically advising consultation with legal and financial professionals before making purchases or sales. Hirsche Private Asset Management extended apologies for operational disruptions while maintaining that security remediation efforts took priority, with engineers actively working to prevent unintended malware transmission through any residual communication channels. The corporation provided no estimated restoration timeline for its electronic systems, leaving clients dependent on non-digital fulfillment methods during the recovery period.