DisclosureLens
GLOBALMalwareConstructionConstructionRansomwareMedusaRansom DemandedActor NamedData Leak ThreatenedData PublishedHigh

MFE Formwork Technology

bd_fcd89ba839491389 · schema v1 · pii pii-v1

Severity

High

Discovered

Filed

Nov 17, 2025

To disclose

Affected

Not disclosed

Confidence

50%
Full breach record for MFE Formwork Technology

Threat-actor claim — not a regulatory filing

This row is a claim by the ransomware group Medusa on its public extortion blog. It has not been validated by the victim or any regulator. Treat attribution and counts as the threat actor's assertion until a regulatory filing or victim disclosure corroborates them.

Group activity: ConstructionDiscovered: 2025-11-21

Source: Ransomware.live

Post text · scraped from the leak site

MFE Formwork Technology is a global leader in aluminium formwork solutions, known for delivering fast, efficient, and high-quality building systems. The company designs and manufactures precision-engineered formwork that enables rapid construction cycles for both high-rise and landed housing projects. With advanced manufacturing capabilities and a strong focus on engineering excellence, MFE supports developers and contractors in achieving consistent concrete finishing, reduced labour needs, and improved project timelines. Operating in more than 50 countries, the company also provides technical support, 3D modelling, and customised solutions for complex structures. MFE is recognised for innovation, durability, and reliability across the construction industry. company is headquartered in MFE Formwork Technology Sdn Bhd, Lot 4 & 6 Jalan Tun Perak 3, Perdana Industrial Park, 42000 Port Klang, Selangor, Malaysia. 51-200 Employees

Incident timeline — mostly unverified

? — ?

Breach window unknown

Nov 17, 2025

Claim posted

No filing yet · watching

Compliance clocks stay unassessable until a regulatory filing lands. Dashed segments fill in automatically when corroboration arrives.

Claim → filing

Compliance clock

Not assessable

Tracked as a single-filing incident — the only disclosure on record for this event so far.Unverified claimView incident

Evidence ladder

Leak-site claimThis record

Attacker assertion only. Establishes: claim date, group, alleged victim.

Press / market report

Unlocks: incident narrative, operational impact. Still no compliance clock.

State AG / regulator filing

Unlocks: discovery date, data types, affected count, compliance clock.

SEC 8-K / victim statement

Unlocks: materiality, stated response, full audit trail. Ceiling removed.

No regulatory filing corroborates this yet — it is the attacker's own assertion. Watch this entity to be notified the moment a filing corroborates or contradicts it.

Source ceiling

  • actor name
  • victim claim
  • ransom/leak status
  • discovery date
  • materiality
  • notification
  • affected count
  • confirmed data types
  • compliance clock

The ✕ fields stay blank until a regulatory filing or victim disclosure lands.

About this groupFirst seen 2023-01-11

medusa

According to ransomware.live, Medusa is a ransomware-as-a-service operation active since June 2021 that has targeted over 300 victims across critical infrastructure sectors including healthcare, education, legal, and manufacturing using double-extortion, with attacks surging 42% between 2023 and 2024 and a formal CISA advisory issued in early 2025.

565 tracked hereFull profile →