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Your phone. Your car. Your thermostat. Your tablet, laptop, and desktop. Virtually all of today’s electronic technology requires the use of semiconductors — specifically integrated circuits. When the ransomware WannaCry hit the world in 2017, Taiwan Semiconductor Manufacturing Company (TSMC), the largest semiconductor foundry in the world, had to halt production for three days — ultimately causing TSMC to lose an estimated 171 million USD, CommonWealth reports. SEMI, the global industry association of international electronic equipment manufacturers, was alarmed. The time for casual attitudes toward cybersecurity hygiene was over.

In addition to President Tsai, Dr. Benson Wu, CyCraft Founder and CEO, also attended the naming ceremony of Taiwan’s first 600-ton patrol ship in Kaohsiung on the morning of Friday, Dec. 6, 2019.

Last year, CyCraft was commissioned by one of the four leading fabless semiconductor companies in the world, with over 7.7 billion USD in annual revenue and over 25 global branches, to perform a digital forensic due diligence investigation on the entire IT system of a recently acquired company. The client estimated the due diligence investigation to take several months. CyCraft completed the task in a few days, saving the billion-dollar company 95 percent of the projected cost. Impressive. However, what’s even more impressive is that two years prior to that due diligence investigation, CyCraft didn’t even exist.

A top manufacturer was about to perform a pre-acquisition due diligence cybersecurity investigation. The client estimated the entire digital forensic investigation would take several months to complete. CyCraft did it in a few days. Not only did CyCraft reduce investigation time by over 99 percent but the cost and workforce investment were further reduced by an estimated 95 percent.

CyCraft attended the second ever HITCON Defense Summit earlier this month on Nov. 13. This year included two separate events: the Enterprise Security Offensive and Defense Competition and the Corporate Security Conference.

With over 1,200 cybersecurity vendors in the market today, only twenty-one of those selected were confident enough to participate in round two of the MITRE ATT&CK evaluations. We at CyCraft are excited to join the MITRE ATT&CK evaluations against the simulation of APT29/Cozy Bear.