TSMC partner breached by LockBit ransomware gang

A partner of Taiwan Semiconductor Manufacturing Company (TSMC) was subject to a data breach involving proprietary company information. Cybercrime gang LockBit purportedly demanded a $70m ransom, threatening to leak data. TSMC admitted that data related to server initial setup and configuration was stolen, but customer information wasn’t compromised and operations were unaffected. The incident is under investigation.