The largest contract chip manufacturer in the world, Taiwan Semiconductor Manufacturing Company (TSMC), has acknowledged that a data breach occurred after being identified as a victim by the LockBit ransomware group.
If the business does not comply with the gang's $70 million ransom demand, the corporation risks having data seized from it published. This company controls 60% of the global foundry market.
In accordance with the Company's security rules and SOPs, TSMC promptly stopped exchanging data with the relevant supplier.
TPRM report: https://scoringcyber.rankiteo.com/company/tsmc
"id": "tsm21112723",
"linkid": "tsmc",
"type": "Breach",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'industry': 'Semiconductor Manufacturing',
'location': 'Taiwan',
'name': 'Taiwan Semiconductor Manufacturing Company '
'(TSMC)',
'type': 'Corporation'}],
'description': 'Taiwan Semiconductor Manufacturing Company (TSMC), the '
'largest contract chip manufacturer in the world, has '
'acknowledged that a data breach occurred after being '
'identified as a victim by the LockBit ransomware group.',
'motivation': 'Financial gain',
'ransomware': {'ransom_demanded': '$70 million',
'ransomware_strain': 'LockBit'},
'response': {'containment_measures': ['Stopped exchanging data with the '
'relevant supplier']},
'threat_actor': 'LockBit ransomware group',
'title': 'TSMC Data Breach by LockBit Ransomware Group',
'type': 'Ransomware'}