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Benzinga

Business

Ananya Gairola

Taiwan's Chip Industry Comes Under Attack By China-Linked Hackers As Trump Administration Tightens Export Controls: Report

United States Taiwan China Donald Trump Semiconductor Proofpoint Cybersecurity TSMC

China,Flag,And,Taiwan,Flag,On,Cracked,Wall,Damage.,China

Chinese-linked cybercriminals have reportedly intensified their attacks on Taiwan's semiconductor industry, targeting companies and financial analysts amid escalating U.S. export restrictions, according to cybersecurity researchers.

What Happened: In a new analysis released Wednesday, cybersecurity firm Proofpoint reported a spike in cyber-espionage campaigns by at least three China-aligned hacking groups between March and June of this year, with some activity still ongoing, according to Reuters.

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