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.
"id": "TSM21112723",
"linkid": "tsmc",
"type": "Breach",
"date": "07/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"