Malaysian ISP Admits “Human Error” In Security Fiasco

By Julian Matthews, Newsbytes

KUALA LUMPUR — Malaysian Government-funded research corporation and Internet service operator Mimos Berhad admits that a staff member carelessly placed a large number of confidential company files on a publicly accessible Internet server.

Mimos Chief Operating Officer Dr Mohamed Awang-Lah said in an e-mail response to Newsbytes on Sunday that the incident was the result of “human error” and “carelessness.”

“One of our staff created a directory on a server and accidentally made it publicly accessible. The staff member uploaded the files for back-up purposes without taking adequate measures to protect them,” he said.

Dr Mohamed said “appropriate action” will be taken against the errant staff member but declined to say whether this would result in her dismissal. Read more

Malaysian Wafer Fabs Get US Ex-Im Bank Loan Boost

By Julian Matthews

The Export-Import Bank of the United States (Ex-Im Bank) has approved loans worth $760 million to support two fledgling Malaysian wafer fabrication projects.

A spokesperson for the bank said its board of directors approved on Wednesday a $673.8 million long-term direct loan to wafer fabrication plant Silterra Malaysia Sdn Bhd.

This is the second loan extended to a Malaysian wafer fab start-up in three weeks. On May 4, the board had approved a $86.5 million guaranteed syndicated loan to 1st Silicon (M) Sdn Bhd, another wafer fab being constructed in Malaysia’s eastern state of Sarawak.

The loans lend credibility to Malaysia’s long-held ambitions to get into wafer fabrication services or the “front-end” of the semiconductor industry.
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