MFE Formwork Technology
bd_fcd89ba839491389 · schema v1 · pii pii-v1
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.
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
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Incident timeline — mostly unverified
? — ?
Breach window unknown
Nov 17, 2025
Claim posted
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No filing yet · watching
Compliance clocks stay unassessable until a regulatory filing lands. Dashed segments fill in automatically when corroboration arrives.
Claim → filing
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Compliance clock
Not assessable
Evidence ladder
Attacker assertion only. Establishes: claim date, group, alleged victim.
Unlocks: incident narrative, operational impact. Still no compliance clock.
Unlocks: discovery date, data types, affected count, compliance clock.
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.
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.