Samsung confirms massive hack, but says user data is safe
The hacking group Lapsus$ recentlytargetedNvidia, demanding the chipmaker eliminate a feature insome GPUsthat limits hash rates while mining Ethereumcryptocurrency. The hackers made it clear they had the goods by first leaking internal Nvidia email handles and cryptographically hashed passwords, then setting a deadline of March 4. Lapsus$ isn’t stopping there — nowSamsungis under the gun, and valuable source code is once again at stake.
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It is a bad breach if all the claims are true. The data is allegedly available to torrent, with Lapsus$ packing it into compressed files that total nearly 190GB. According to Bleeping Computer, the hack isn’t a kidnapping as withNvidia, because as of Saturday there wasn’t any evidence of a ransom demand. The cat is out of the bag, too, as over 400 peers are reportedly sharing the information and the hackers indicated plans to boost download speeds with additional servers.
It’s an open question as to how consumers will look at this hack, but you don’t have to understand programming or the nitty-gritty details of cybersecurity to see why this could be a blow to one of the biggest global electronics brands —Nasdaq.com reportsthe Nvidia breach definitely impacted the chipmaker’s bottom line, with its stocks closing lower than the rest of the market on Friday. Samsung might find out the real dollar value of the damage done when the markets open on Monday.
UPDATE: 2022/03/07 11:47 EST BY WILL SATTELBERG
Samsung confirms hack
On Monday morning, Samsung delivered a statement toBloombergconfirming a security breach while clarifying that it will not impact customers.
“There was a security breach relating to certain internal company data. According to our initial analysis, the breach involves some source code relating to the operation of Galaxy devices, but does not include the personal information of our consumers or employees. Currently, we do not anticipate any impact to our business or customers. We have implemented measures to prevent further such incidents and will continue to serve our customers without disruption.”
As expected, Samsung’s stock did drop this morning on the Korea Exchange,down about 2% overall. However, with thecompany having recently pulled out of the Russian market— not to mention anongoing controversy involving the performance of its latest phones— it’s tough to say for sure what’s caused this latest dip.
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