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Hackers Claim $70 Million Ransomware Attack on TSMC, Hits Supplier Instead | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware

The LockBit ransomware group claims it has hacked TSMC, with TSMC stating that one of its suppliers has been breached. The cybercriminals are demanding a ransom of $70 million by August 6 and threaten to leak considerable amount of sensitive data. TSMC told SecurityWeek that its network had not been breached, but one of its IT hardware suppliers had indeed been hacked.

“TSMC has recently been aware that one of our IT hardware suppliers experienced a cybersecurity incident, which led to the leak of information pertinent to server initial setup and configuration,” a statement by TSMC sent to Tom’s Hardware reads. “At TSMC, every hardware component undergoes a series of extensive checks and adjustments, including security configurations, before being installed into TSMC’s system. Upon review, this incident has not affected TSMC’s business operations, nor did it compromise any TSMC’s customer information.


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