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Foxsemicon, a Taiwanese semiconductor company, hit by ransomware attack

In Data Breach News, Malware Ransomware
January 18, 2024

Daryna Antoniuk reports:

One of Taiwan’s biggest semiconductor manufacturers has fallen victim to a cyberattack, supposedly carried out by the notorious LockBit ransomware gang.

The hackers posted a threatening message on Foxsemicon’s website, stating that they had stolen its customers’ personal data and would publish it on their darknet website if the company refused to pay.

“Keep in mind that once your data appears on our leak site, it could be bought by your competitors at any second, so don’t hesitate for a long time,” reads the ransom note.

The hackers claimed to have accessed five terabytes of the company’s data.

Read more at The Record.