The Web site of Hon Hai Technology Group’s (鴻海科技集團) semiconductor parts manufacturing affiliate Foxsemicon Integrated Technology Inc (京鼎精密) yesterday appeared to have been hijacked by a ransomware group, displaying a message threatening to release the personal information of the company’s customers and employees.
It is the first time a major local business has been targeted in a Web site defacement attack.
“Your data is stolen and encrypted,” a message at the top of Foxsemicon’s Web site stated, adding that it held 5 terabytes of the company’s information and would publish it online if a ransom was not paid.
Photo: screen grab from Foxsemicon Integrated Technology Inc’s Web site
“If you are a Foxsemicon customer, we have all your personal data,” it said. “All your personal data will be freely available on the Internet if Foxsemicon not pays [sic] money.”
It also included a threatening message for employees of the semiconductor equipment company.
“If your management does not contact us, you will lose your job, as we are able to completely destroy Foxsemicon with no possibility of recovery,” it said.
Photo: CNA
In a company statement submitted to the Taiwan Stock Exchange, Foxsemicon said it recovered its Web site in the afternoon, soon after detecting the attack, adding that it was working with security experts.
However, as of press time last night, the firm’s English-language Web site remained inaccessible, displaying the ransomware message, while many portions of its Mandarin-language site, including corporate information and financial statements, also appeared to be inaccessible.
The company’s preliminary assessment showed that the incident should not significantly affect its operations, Foxsemicon said in the statement.
The company did not disclose any information about the ransom demanded by the hackers. It also did not state whether any personal information of its customers or employees was leaked.
Foxsemicon is about 15.22 percent owned by Hon Hai through its subsidiaries. Applied Materials Taiwan (台灣應用材料) holds an 8.36 percent share in the company.
Global weekly cyberattacks rose 3 percent annually during the first three quarters of last year, a report released by Check Point Research showed.
Taiwan was the most hacked area with an average of 1,509 attacks per week.
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from US President Donald Trump. The Fed cut its key lending rate by a full percentage point in the final four months of last year and indicated it would move more cautiously going forward amid an uptick in inflation away from its long-term target of 2 percent. “I think they will do nothing, and I think they should do nothing,” Federal Reserve Bank of St Louis former president Jim Bullard said. “I think the
SMALL AND EFFICIENT: The Chinese AI app’s initial success has spurred worries in the US that its tech giants’ massive AI spending needs re-evaluation, a market strategist said Chinese artificial intelligence (AI) start-up DeepSeek’s (深度求索) eponymous AI assistant rocketed to the top of Apple Inc’s iPhone download charts, stirring doubts in Silicon Valley about the strength of the US’ technological dominance. The app’s underlying AI model is widely seen as competitive with OpenAI and Meta Platforms Inc’s latest. Its claim that it cost much less to train and develop triggered share moves across Asia’s supply chain. Chinese tech firms linked to DeepSeek, such as Iflytek Co (科大訊飛), surged yesterday, while chipmaking tool makers like Advantest Corp slumped on the potential threat to demand for Nvidia Corp’s AI accelerators. US stock
The TAIEX ended the Year of the Dragon yesterday up about 30 percent, led by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電). The benchmark index closed up 225.40 points, or 0.97 percent, at 23,525.41 on the last trading session of the Year of the Dragon before the Lunar New Year holiday ushers in the Year of the Snake. During the Year of the Dragon, the TAIEX rose 5,429.34 points, the highest ever, while the 30 percent increase in the year was the second-highest behind only a 30.84 percent gain in the Year of the Rat from Jan. 25, 2020, to Feb.
Cryptocurrencies gave a lukewarm reception to US President Donald Trump’s first policy moves on digital assets, notching small gains after he commissioned a report on regulation and a crypto reserve. Bitcoin has been broadly steady since Trump took office on Monday and was trading at about US$105,000 yesterday as some of the euphoria around a hoped-for revolution in cryptocurrency regulation ebbed. Smaller cryptocurrency ether has likewise had a fairly steady week, although was up 5 percent in the Asia day to US$3,420. Bitcoin had been one of the most spectacular “Trump trades” in financial markets, gaining 50 percent to break above US$100,000 and