According to a Samsung data breach, hackers stole data from Nvidia

Samsung is a South Korean electronics manufacturer that is one of the world’s largest. Samsung manufactures a wide range of consumer and industrial electronics, including appliances, digital media devices, semiconductors, memory chips, and integrated systems, among other things. It has become one of the most well-known technological brands, accounting for almost a quarter of South Korea’s total exports.

The South Korean tech behemoth is known for its top-of-the-line products. Its flagship and premium devices are truly amazing however there are certain issues that need to be addressed such as the latest breach.

Massive Data Breach

Samsung revealed that the same hacking organization that stole data from Nvidia last week penetrated its networks and exposed secret source code and algorithms for its numerous products.

In a statement on the encrypted messaging network Telegram, the hacker group Lapsus$ claimed responsibility for the data leak. It claimed to have gained access to the source code of applets placed in Samsung’s TrustZone.

According to TechCrunch, Samsung utilizes the source code to enable phones to execute sensitive procedures, biometric unlock algorithms and bootloader source code for newer Galaxy smartphones. Additionally, the leaked material is also suspected of including private information from Qualcomm, a major Samsung supplier. Obtaining source code helps hackers to identify security flaws in a device’s security system, possibly exposing the user to data theft.

Samsung confirmed the “security issue” in a statement to TechCrunch, but said it did not touch customers’ or workers’ personal information, the company is still investigating if any data sharing was done. Moreover, there’s no news on whether Lapsus$ tried to extort money from Samsung.

Meanwhile, the hackers demanded that Nvidia disable its Lite Hash Rate feature, which makes it more difficult to mine cryptocurrency without affecting game performance, as well as open-source its graphics chip drivers for macOS, Windows, and Linux systems. Nvidia was given until Friday to answer the hackers’ demands, which it refused.