Bassterlord

TSMC Denies Being Hacked by LockBit Ransomware Gang

In recent news, TSMC, one of the leading semiconductor manufacturers globally, faced allegations of a ransomware attack by the LockBit ransomware gang. The ransomware group demanded a staggering $70 million to prevent the release of stolen data. However, TSMC denies being hacked and clarifies that the cyberattack impacted one of its IT hardware suppliers, Kinmax Technology. TSMC, the renowned chipmaking…