Arrests of Seven Lapsus$ Hackers

Industry: N/A | Level: Strategic | Sources: BBC & Bloomberg

Reported by the BBC, London Police has arrested seven teenagers that are associated with the Lapsus$ data extortion group. The alleged 16-year-old leader of the Lapsus$ group (reported by Bloomberg) located in Oxford, England was not mentioned as part of the arrest group. The hacker has accumulated $14 million, as the result of their data extortion attacks. The 16-year-old's parents were unaware of the hacker's activities, associating the computer activities with online gaming. The 16-year-old's personal information was revealed by rival hackers as a result of "an apparent falling out with business partners" with the rival hackers sharing the hacker’s name, residence and pictures. Noted by Allison Nixon, the chief research officer of Unit 221B, the hacker was on researchers’ radar since “since the middle of last year.”