Anatomy of a ransomware attack: Critical lessons from the Unimicron incident

Author Sangavi Senthil Cybersecurity Specialist, ManageEngine  

On this page

 
  • Unimicron ransomware incident
  • Vulnerable points that allow ransomware
  • Key lessons learnt by CISOs from the attack
  • Ransomware prevention techniques
  • Ransomware prevention with SIEM
  • Financial benefits of implementing SIEM
  • ROI of SIEM implementation
  • Key metrics to present to the board
  • Related solutions
 

Did you know that ransomware continues to be the #1 concern among the Global Cybersecurity Outlook survey respondents, with 72% citing an increase in corporate cyber risks? Criminals are switching from encrypting data to extorting it, and ransomware is becoming one of the major security threats to companies all over the world. A ransomware attack puts immense pressure on CISOs by demanding rapid response, recovery, and mitigation while facing potential job risk. For enterprises, it leads to financial losses, reputational damage, and operational disruptions.

This article will explain how ransomware attacks impact enterprises and how to avoid them.

Key takeaways for CISOs

  • Investing $500,000 in SIEM can help the company avoid over $10 million in ransomware-related losses.
  • SIEM strengthens real-time threat detection, minimizing the chances of ransom payments and extended downtime.
  • A long-term security strategy lowers cyber insurance costs, mitigates legal risks, and protects the company's reputation.
  • SIEM enhances incident response efficiency, reducing expenses for forensic investigations and security staffing.

What was the incident that occurred?

Unimicron Technology, a leading Taiwanese manufacturer of printed circuit boards (PCBs), has become the latest target of the notorious Sarcoma ransomware group. As a key supplier to tech giants like Apple and Intel, Unimicron plays a crucial role in the global semiconductor supply chain. The attack has not only disrupted the company's operations but also raised concerns about cybersecurity threats in the industry.

The attack unfolds

The cyberattack was first detected on January 30, 2025, when Unimicron's IT systems were compromised. Two days later, on February 1, the company publicly acknowledged the breach, stating that it had launched an internal investigation with the assistance of an external cybersecurity forensics team. At the time, Unimicron sought to downplay the potential impact, suggesting that operational disruptions would be minimal.

However, the severity of the situation became evident on February 11, when the Sarcoma ransomware group listed Unimicron on its dark web leak site. The hackers claimed to have stolen 377GB of archived SQL files from the company's systems and threatened to release the data unless a ransom was paid. To validate their claims, they published screenshots of several documents allegedly extracted from Unimicron's network.

A growing cyberthreat

Sarcoma is known for employing a double extortion strategy—encrypting a victim's files while simultaneously stealing sensitive data to pressure the target into paying the ransom. This method not only disrupts business operations but also carries the risk of reputational damage and regulatory penalties if the stolen data is leaked.

Unimicron is not the only victim. Sarcoma's leak site currently lists around 70 organizations, signaling a rapid rise in the group's activity. Their focus on high-value targets like Unimicron highlights a calculated effort to maximize financial gains while inflicting widespread disruption.

Unimicron's response and next steps

In the aftermath of the attack, Unimicron has been working closely with an external cyber forensic team to assess the breach and bolster its defenses. Despite efforts to contain the damage, the company's operations remain partially limited, as stated in an official advisory. Notably, Unimicron has decided not to file for insurance claims to offset the costs of the attack, indicating a possible effort to manage the crisis internally.

Looking ahead, Unimicron has committed to enhancing its cybersecurity framework, strengthening its network infrastructure, and implementing stricter security controls to prevent future incidents. As ransomware attacks continue to threaten critical industries, this incident serves as a stark reminder of the growing risks facing global supply chains.

What enterprise vulnerabilities do attackers typically exploit to execute a ransomware attack?

The following are the vulnerable points that an attacker could take advantage of:

  • Unpatched systems: Security gaps in outdated systems will serve as an entry point for attackers.
  • Phishing susceptibility: Employees can be tricked by phishing emails, granting initial access to the hackers.
  • Weak network segmentation: Lack of internal barriers will enable the attackers to move laterally and exfiltrate data.
  • Insufficient endpoint security: Ineffective threat detection and response mechanisms may fail to block the ransomware attack.
  • Inadequate data exfiltration prevention: Weak DLP controls enable hackers to steal sensitive information undetected.

What are the key lessons gained by CISOs from the attack?

  • A strong incident response plan is essential: Despite involving external forensic experts, Unimicron struggled to contain the breach. Having a well-prepared and tested response plan is vital for effective crisis management.
  • Supply chain attacks have widespread consequences: As a key supplier for Apple and Intel, Unimicron’s breach highlights the cascading effects of ransomware attacks on vendors. Strong vendor security assessments are critical.
  • Triple extortion is the new normal: The attackers encrypt the data, threaten the organization and its clients/customers to leak the data, and also launch additional attacks (e.g,. DDoS) to pressure the victims into paying the ransom. CISOs must focus on both data encryption and exfiltration prevention to minimize exposure.
  • Dark web monitoring is a necessity: The attack gained visibility when Sarcoma listed Unimicron on its leak site. Continuous monitoring of underground forums can help organizations detect when stolen data is being exposed.
  • Zero trust can limit damage: The theft of 377GB of SQL files suggests weak internal segmentation. Implementing a Zero Trust model could have restricted unauthorized access and minimized data exposure.
  • Crisis communication is crucial: Initially downplaying the breach may have affected stakeholder confidence. Clear, timely, and transparent communication is essential in managing cybersecurity incidents.
  • Investing in cyber resilience is a must: The attack forced Unimicron to rethink and strengthen its security posture. CISOs must continuously enhance cyber resilience by focusing on prevention, detection, and recovery strategies.
  • Cyber insurance is not always a safety net: Unimicron opted not to claim insurance, possibly due to policy limitations. Companies should assess whether insurance truly provides financial relief in such cases.

How to prevent a ransomware attack?

The following can be considered for ransomware prevention:

  1. Regularly update and patch all software and systems to fix security vulnerabilities.
  2. Train employees to recognize phishing emails and avoid suspicious links or attachments.
  3. Implement MFA to prevent unauthorized access.
  4. Apply network segmentation to prevent attackers from moving laterally within systems.
  5. Deploy advanced EDR and/or SIEM solutions for real-time threat monitoring.
  6. Maintain secure, offline backups to ensure quick recovery without paying ransom.
  7. Restrict user privileges to minimize access to critical data and systems.
  8. Continuously monitor network traffic for unusual activity that may indicate a breach.
  9. Implement strong email security filters to block phishing emails and malicious attachments.
  10. Establish and routinely test their incident response plans to handle cyberthreats effectively.

Why should CISOs consider a SIEM solution to mitigate ransomware attacks?

The following are the various features of SIEM that help to enhance ransomware prevention:

Feature How the feature helps to prevent ransomware attack?
Real time threat detection Continuously monitors logs and detects suspicious activity instantly, enabling rapid response before ransomware spreads.
Early ransomware detection Identifies unusual encryption patterns and unauthorized access attempts to stop an attack before data is locked.
Comprehensive security insights Provides a centralized view of security events across the entire IT environment, making it easier to detect ransomware threats.
Automated incident response Triggers predefined actions like isolating infected systems to prevent ransomware from spreading.
Compliance and auditing Ensures proper logging and auditing, which helps identify security gaps that ransomware could exploit.
User entity and behavior analytics Detects unusual user actions that may signal compromised accounts or insider threats.
Integrated threat intelligence Uses real-time data on known ransomware tactics to block potential attacks proactively.
Forensic investigation Provides historical data to trace ransomware entry points and improve future defenses.
Enhanced incident correlation Links multiple security alerts to uncover ransomware attack patterns before execution.

What are the financial benefits of implementing a SIEM solution to protect enterprises against ransomware attacks?

The following are the few of the financial benefits:

  1. Avoidance of ransom payments:CISOs can prevent costly ransom demands by detecting ransomware early, reducing financial losses.
  2. Minimized operational downtime: Faster response times ensure business continuity, preventing revenue loss from disruptions.
  3. Lower incident recovery costs: SIEM reduces the need for expensive post-attack remediation, such as system rebuilds and data recovery.
  4. Ensures regulatory compliance: Automated logging and monitoring help CISOs avoid hefty fines for non-compliance with industry regulations.
  5. Prevents legal liabilities: Preventing ransomware-driven breaches minimizes potential lawsuits and compensation claims.
  6. Reduce cyber insurance cost: Strengthening security with SIEM can lower insurance costs by reducing risk exposure.
  7. Efficient security resource allocation: Automated threat detection reduces the need for additional cybersecurity staff, cutting labor costs.
  8. Protects brand reputation: Preventing breaches helps maintain customer trust, avoiding financial losses due to reputational damage.
  9. Cost-effective threat intelligence: SIEM integrates real-time threat data, reducing reliance on expensive third-party security tools.
  10. Protects intellectual property: Preventing data theft safeguards proprietary information, avoiding financial and competitive losses.

What is the ROI of implementing a SIEM solution to prevent a ransomware attack in an enterprise?

Consider this scenario: A mid-large size enterprise has decided to invest in a SIEM solution to prevent ransomware attacks and enhance its cybersecurity posture.

The following is the amount that the firm had decided to invest for a year on a SIEM solution:

Cost Where is it being spent?
$250,000 SIEM software, licensing, and setup
$100,000 Security team training and integration
$150,000 Ongoing maintenance and monitoring
Total cost: $500,000  

Let us now consider the amount saved by the firm by investing in SIEM are as follows:

Annual savings Benefit from SIEM How is it considered to be a benefit?
$5,000,000 Avoided ransom payout Organizations may face ransom demands as high as $5M.
$2,000,000 Reduced downtime and business disruption Ransomware attacks cause an average of 21 days of downtime, leading to lost revenue and operational inefficiencies.
$1,000,000 Lower incident response and recovery costs. Without SIEM, businesses spend millions on forensics, system recovery, and data restoration
$750,000 Legal and regulatory compliance cost savings. Avoiding lawsuits, regulatory fines (GDPR, PCI-DSS, HIPAA), and penalties for data breaches.
$500,000 Cyber insurance premium reductions. Improved security posture lowers annual insurance costs by 15-25%.
$1,500,000 Reputation and customer trust preservation. Avoiding data breaches helps prevent long-term revenue loss due to brand damage and customer churn.
Total cost savings: $10,750,000    

ROI = Amount saved - Amount spent/ Amount spent *100

ROI = 10,750,000 - 500,000 500,000 × 100

ROI = 2050%

Thus, for every $1 spent on SIEM solution, the firm gains $21.5 as financial benefit with a total estimated ROI for one year is 2050%.

What are the key metrics to present to the board by CISOs to choose SIEM for preventing ransomware attacks?

The following are the key metrics that can be presented by CISOs:

Metric What is it? Example scenario
Ransomware risk reduction percentage Reduction in the probability of a ransomware attack after SIEM implementation. SIEM can reduce ransomware risk by 60-80% through real-time threat detection and automated response.
Potential cost savings by preventing attacks Estimated financial losses avoided by preventing a ransomware attack. Avoiding a $5M ransomware payout, $2M in downtime losses, and $1M in legal fees results in $8M savings.
MTTD reduction percentage Measures how much faster threats are detected with SIEM vs. without it. SIEM reduces MTTD to a few minutes, preventing prolonged exposure to ransomware threats.
MTTR improvement percentage Tracks how quickly threats are mitigated using SIEM’s automation and analytics. Automated response lowers MTTR to a few minutes,, minimizing business disruption.
Compliance and regulatory risk reduction Shows how SIEM helps meet compliance (GDPR, HIPAA, PCI-DSS, and more), avoiding fines. SIEM automates compliance logging, reducing non-compliance risks by 70% and avoiding $500K in fines.
Cost reduction security operations Demonstrates how SIEM reduces labor and incident response costs. SIEM’s automation reduces manual investigations, saving $500K per year in cybersecurity personnel costs.
Impact on business downtime Quantifies how SIEM prevents revenue losses due to ransomware-induced outages. SIEM minimizes downtime from an average of 21 days to less than a day, preventing $2M in lost productivity.
Cyber insurance premium savings Highlights how SIEM lowers cyber risk exposure, reducing insurance costs. Enhanced threat detection lowers cyber insurance premiums by 20%, saving $500K annually.
Threat detection and correlation efficiency Measures the increase in real-time ransomware detection using SIEM’s correlation engine. SIEM improves threat correlation efficiency by 75%, making it easier to detect ransomware entry points.
ROI of SIEM Demonstrates the financial benefit of investing in SIEM vs. potential losses. For every $1 spent on SIEM, enterprises gain $21.50 in ransomware prevention, giving them an ROI of 2050%.

Thus, SIEM acts like a cybersecurity time machine—correlating logs, detecting anomalies, and stopping ransomware in its tracks before it turns your enterprise into a hostage.

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This content has been reviewed and approved by Ram Vaidyanathan, IT security and technology consultant at ManageEngine.