SARCOMA Cyber Security Incident
updated as of 22 October 2024
Dear Valued Investors,
Kindly be informed that Pheim Unit Trusts Berhad (PUTB) was among many companies around the world that has been affected by the global SARCOMA data-theft attack, first detected in October 2024. SARCOMA group has claimed 36 victims worldwide in October 2024, and the dark web claims that the group has in possession of our clients’ sensitive data.
As the source of the dark web is unverified, we adopt the most prudent level of precaution, as the client data is our highest priority. As soon as we became aware of the breach, we took immediate action to disconnect the affected servers from the network, prioritize containment strategies and communicate with relevant stakeholders and the Securities Commission.
In the meantime, we have taken steps to prevent a similar incident from happening again. These include establishing an Incident Response Team consisting of Certified Cyber Security Specialists to instigate remedial actions which have strengthened the resiliency of our systems and network.
Meanwhile, we are working very closely with the Securities Commission, and have kept them up to date with the position as our investigation is still on-going.
To safeguard yourself, we recommend our clients to:
- Be cautious of any unsolicited communications e.g. phone calls, SMS and emails.
- Do not download attachments or click on any unverified links received via emails or SMS.
- Refrain from sharing passwords with anyone.
If you wish to have further clarification, please do not hesitate to call us at 03-2142 8888 or email us at support@pheimunittrusts.com.