Lapsus$, which has been outed as a teenage hacking group, is believed to be behind data breaches at Uber, Rockstar Games, Microsoft, Okta and other major companies earlier this year. Data extortion groups break into a company’s systems, steal prized information like source codes, and then demand a payment from the company to stop them from leaking the stolen information. Specifically, Lapsus$ targets companies through MFA fatigue, where they use stolen login credentials to log in to a network and then spam account owners with two-factor authentication requests on their phones until they accept one. Suspected members of the gang are believed to be based in the U.K. and have been arrested several times throughout the year.
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