Cato Networks Knowledge Base

LockBit hits TSMC: A $70M Ransom?

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The Ring of Defense

Welcome to a video podcast series intended to raise awareness of cybersecurity issues beyond what is simply in the latest newsfeed.

In this series, Robin Johns and Bill Carter discuss the top Security items that every cyber team needs to know to help keep them aware of what is happening in the broader security space, and more importantly, how Cato helps keep you protected.

TSMC, the world’s largest semiconductor manufacturer, has been listed on LockBit’s dark web blog, with the gang demanding $70 million for the stolen data. TSMC states that it was due to their IT hardware suppliers; yet another reason to pay attention to the supply chain. So, who is LockBit, how do they operate, and how can you prevent this from happening to you?

Learn all this and more on the latest episode of The Ring of Defense!

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