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Notorious Hacking Group Lapsus$ Behind Microsoft, Nvidia And Other Breaches Draws Regulatory Review

  • The Department of Homeland Security’s Cyber Safety Review Board looked to study the Lapsus$ hacking group that gained notoriety for carrying out breaches at major U.S. companies this year.

  • The board, comprised of senior government cyber officials and industry representatives, aimed to review and compile reports on significant cybersecurity issues.

  • In its first review, the board examined a Log4j open-source software library flaw.

  • Lapsus$ came into the forefront after hacks affecting Microsoft Corp (NASDAQ: MSFT), Nvidia Corp (NASDAQ: NVDA), Okta Inc (NASDAQ: OKTA), and other major technology companies.

  • Security researchers found that the alleged mastermind of the group was a teenager living at his mother’s home in England, who was later arrested by police in the U.K. earlier this year.

  • Members of Lapsus$ have employed social engineering techniques like targeting companies that operate call centers for brand name firms, then publicizing their successes on a Telegram channel, Bloomberg reports.

  • Alleged Lapsus$ hackers had also targeted Brazilian healthcare systems and police departments before their arrest in October.

  • “Lapsus$ actors have perpetrated damaging intrusions against multiple critical infrastructure sectors, including healthcare, government facilities, and critical manufacturing,” said Cybersecurity and Infrastructure Security Agency Director Jen Easterly.

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