Taiwan Semiconductor Manufacturing (TSMC) made an announcement on Friday, revealing that one of its IT hardware suppliers had experienced a cybersecurity incident resulting in the leakage of the supplier’s company data. TSMC stated, “We have recently been informed that one of our IT hardware suppliers encountered a cybersecurity incident which caused the exposure of sensitive information related to server initial setup and configuration.”
TSMC assured that its own business operations and customer data remained unaffected by the cybersecurity breach at its supplier, Kinmax. This incident is part of a larger wave of security breaches impacting numerous companies and government entities worldwide. Notable victims include US government departments, the UK’s telecom regulator, and energy behemoth Shell. These incidents emerged after the discovery of a security flaw in Progress Software’s MOVEit Transfer product last month.
Following the incident, TSMC has severed data exchange with the affected supplier. Furthermore, the company recently announced its plans to release new software this year to facilitate faster adoption of its latest technologies by customers working on advanced computer chips for automobiles.
As the leading contract manufacturer of semiconductors globally, TSMC plays a crucial role in the automotive industry by producing chips for major suppliers like NXP Semiconductor and STMircoelectronics NV. However, automotive chips demand higher durability and longevity compared to those used in consumer electronics. TSMC has established special manufacturing processes specifically for the automotive sector, but these processes typically lag a couple of years behind those used for consumer chips. As a result, automotive chip manufacturers have historically required extra time to develop chip designs for these specialized production lines, causing car chips to trail behind the latest smartphone chips.
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