Apple Chip Producer TSMC Hit by Cyber Attack, $70 million Ransom Demanded

  • Taiwan Semiconductor Manufacturing Company (TSMC), an Apple supplier, confirmed a data breach with no impact on customer information.
  • The data was listed on hacker group LockBit’s website, demanding $70 million to avoid the data’s release, including passwords and logins.
  • Kinmax Technology, a TSMC partner responsible for IT services, was breached.
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