On June 30, semiconductor giant TSMC confirmed that one of its hardware suppliers, Kinmax Technology, experienced a cybersecurity incident resulting in the leak of information related to “server initial setup and configuration.” Despite the breach, TSMC stated that the impact on their business operations was not significant. The data from TSMC was made available on the LockBit ransomware gang’s website on June 29, with the attackers demanding $70 million to prevent the publication of passwords and logins. Established in 2001, Kinmax Technology specializes in networking, cloud computing, storage, security, and database management. Following the breach, TSMC terminated its data exchange with Kinmax, adhering to security protocols and standard operating procedures. TSMC currently has no plans to pay the ransom. [IThome, in Chinese]