Nvidia, Uber Cyberattacks Lead Back to UK Teenage Duo: Report
Portfolio Pulse from Anusuya Lahiri
UK teenagers Arion Kurtaj and an associate were identified as key figures in the cybercriminal group Lapsus$, responsible for hacking major corporations including Nvidia Corp, Rockstar Games Inc, and Uber Technologies Inc. The group's activities have had significant financial implications for these companies. The teens were found guilty of computer misuse, fraud, and blackmail, primarily targeting BT Group Plc and its subsidiary, the EE network, and Nvidia.
August 24, 2023 | 12:58 pm
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NEGATIVE IMPACT
BT Group Plc and its subsidiary, the EE network, were primarily targeted by the Lapsus$ cybercriminal group.
The cyberattacks have likely caused significant financial and reputational damage to BT Group, potentially impacting its stock price negatively in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Nvidia was a primary target of the Lapsus$ cybercriminal group, with significant data stolen, potentially for ransom purposes.
The cyberattacks have likely caused significant financial and reputational damage to Nvidia, potentially impacting its stock price negatively in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Uber Technologies was among the corporations hacked by the Lapsus$ cybercriminal group.
The cyberattacks could have financial and reputational implications for Uber, potentially negatively impacting its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70