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TSMC confirms data breach after LockBit cyberattack on third-party supplier

Posted on July 1, 2023 by Dissent

Carly Page reports:

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has confirmed it’s experienced a data breach after being listed as a victim by the LockBit ransomware gang.

The Russia-linked LockBit ransomware gang listed TSMC on its dark web leak site on Thursday. The gang is threatening to publish data stolen from the company, which commands 60% of the global foundry market, unless the company pays a $70 million ransom demand.

[…]

In a statement given to TechCrunch, a TSMC spokesperson — who emailed from a generic press email account and repeatedly declined to provide their name — confirmed that a “cybersecurity incident” at one of the company’s IT hardware suppliers, named as Kinmax Technology, led to the leak of “information pertinent to server initial setup and configuration.”

Read more at Yahoo!

On Twitter, vx-underground tweeted that National Hazard Agency, a “sub-clique of LockBit” responsible for the attack, had provided more proof of claims.

“National Hazard Agency” is a name associated with the threat actor known as Bassterlord. The National Hazard Agency account on the Russian-language XSS.is forum was active from 2019 until recently when they appeared to self-ban at the same time an interview with Bassterlord was published.

Category: Breach IncidentsBusiness SectorHackSubcontractor

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