TSMC, Apple’s Chipmaker, Hit with a Ransomware Attack, LockBit Asks for $70M to Prevent Leaks
The famous technology company behind the Apple processors like the A-series Bionic chips and the M-series SoCs, was recently hit with a ransomware attack. The LockBit ransomware gang already took responsibility for the attack, notoriously known for its global activities and ties to Russia, having some of its members from the country.
It is demanding a $70 million ransom demand from the Taiwan Semiconductor Manufacturing Company (TSMC), or else it would leak all the stolen data it managed to steal from the company.
TSMC was Hit with Ransomware Attack, LockBit Demands $70M
(Photo : SAM YEH/AFP via Getty Images)
A security staff stands next to a logo of the Taiwan Semiconductor Manufacturing Co, (TSMC), during the investors conference in Taipei on July 16, 2014. TSMC, the world’s biggest contract microchip maker, was to release second-quarter earnings results at an online conference.
TechCrunch reported that TSMC’s partner was hit with a ransomware attack, more specifically, one of its IT hardware suppliers, Kinmax Technology, with LockBit already owning up to the attack. The ransomware group is demanding a ransom payment of $70 million to keep the stolen data from getting leaked to the public.
Kinmax made this known to TSMC, with the company’s services centering on setting up the server’s initial setup and configuration. The attacked company also said that several pieces of information were leaked last Thursday, but the reports did not expand more on how serious the attack was or how much was taken.
Other clients of Kinmax include Microsoft, Citrix, Cisco, VMWare, and HPE.
Read Also: Apple M3: Tests 12-Core CPU, 18-Core GPU, the Most on Any M-Series Chip; Coming Soon?
Stolen Sensitive Data Would be Leaked, is Apple Included?
As per 9to5 Mac, TSMC already confirmed that this attack did not affect its business operations and customer information, despite Kinmax Technology’s hand on its servers. This means that this should not be a massive cause of concern for TSMC’s customers, including Apple, one of its largest partners in the tech landscape.
TSMC and the LockBit Ransomware Gang
TSMC remains the top supplier of Apple for all chip…
