Taiwan Semiconductor Denies LockBit's $70M Hack Claim

Third-Party Supplier Hacked; TSMC Says Leak Only Affected Initial Setup Files
The world's top chip manufacturer has dismissed the LockBit 3.0 ransomware gang's hack claim and $70 million ransom. TSMC said the data leak took place at a third-party supplier and contains only certain initial configuration files. It said customer information and operations were not affected.

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