Taiwan Semiconductor Manufacturing Company (TSMC) has blamed one of its equipment suppliers for the LockBit breach that has exposed the chip-making giant to a $70 million ransom demand.
The company has identified the breached third-party supplier as Kinmax Technology, a Taiwan-based system integrator, without divulging the nature of the data compromised.
“TSMC has recently been aware that one of our IT hardware suppliers experienced a cybersecurity incident, which led to the leak of information pertinent to server initial setup and configuration,” TSMC said.
