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TSMC confirms a data leak after a cyberattack on a third-party provider


TSMC confirms a data leak after a cyberattack on a third-party provider



TSMC, the world’s largest semiconductor manufacturer, has confirmed that it has suffered a data theft after being the victim of a ransomware cyberattack originating from the criminal gang that operates LockBit.

LockBit ransomware is linked to Russia and listed TSMC on its data-for-sale site on the Dark Web on Thursday, threatening to publish the stolen data from the company, which controls 60% of the global foundry market. As often happens, this will go ahead unless the company pays a $70 million ransom.

As we can read in TechCrunch, it seems that it is one of the rescues with a higher amount in historyat least according to William Thomas, a cyber threat intelligence researcher at Equinix.

According to the criminal group that operates LockBit, “in case of payment rejection, network entry points and company passwords and logins will also be published”, so that not only would TSMC find itself with a data breach critical to its semiconductor business, but the risk of a new attack would be extremely high.

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Article Editor: Jordi Bercial

Jordi Bercial

Avid technology and electronics enthusiast. I tinkered with computer components almost since I could walk. I started working at Geeknetic after winning a contest on their forum for writing hardware articles. Drift, mechanics and photography lover. Do not hesitate and leave a comment on my articles if you have any questions.

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