Lapsus$ Hackers Breach T-Mobile’s Network And Steal Source Code | #malware | #ransomware

While these findings may sound concerning, T-Mobile declares that no customer or government data was accessed during the security breach. However, with the company’s source code for a number of projects being stolen, it remains to be seen if this hack will bring any lasting consequences.

These leaked messages were released just weeks after two of the gang’s most active members were arrested. The members, who were charged with three counts of unauthorized access and two counts of fraud, have both since been released on bail. They were just 16 and 17 years old at the time of the arrest.

The Lapsus$ Hacking Group Strikes Again

While the impact of Lapsus$’s most recent breach seems to be relatively minor, this hasn’t always been the case.

Lapsus$ first made a name for themselves in December of 2021 after they hacked into Brazil’s Ministry of Health and deleted data that could have been used to track and mitigate the Covid-19 pandemic.

Since this initial attack, the international cyber-crime gang have targeted a number of high-profile technology companies, including Samsung, Microsoft, Bing, and the inventor of the graphic processing unit (GPU), Nvidia.

While these attacks all differ slightly, they do seem to share some core similarities. Lapsus$ was able to retrieve a large amount of sensitive data from all of these firms, in addition to the company’s privately owned source code.

After retrieving this sensitive information, the hacking group offers it back to the companies in return for steep ransom payments.

How Can My Business Evade Security Breaches?

While legal enforcement appears to be cracking down on groups like Lapsus$, fighting cyber gangs can often feel like an endless ‘whack-a-mole’ game.

With this in mind, if your business doesn’t want to be subjected to ransom or ransomware attacks, you’ll also need to take matters into your own hands.

By using a strong password management tool, your business’s first line of defense can be protected. While there are loads of good options out there, our research suggests that 1Password and LastPass are among the best.

Protecting your business with robust antivirus software is another way to prevent malicious actors from penetrating your network. By installing this software and ensuring that it’s regularly updated, your chances of being compromised will be dramatically reduced.

If you’d like to learn more about ransomware attacks and how to avoid them, read our cybersecurity advice.

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