Teenage Hacker Linked to Lapsus$ Gang Attacks Cisco Network with Compromised Employee Credential

    Cisco Systems Inc. disclosed it was a cyberattack victim after a hacker made repeated attempts to gain access to its corporate network.

    The Silicon Valley-based company said it knew about the security compromise that happened on May 24. On Wednesday, Cisco said the hacker leaked on the dark web a list of files he is stolen.




    An investigation revealed that the hacker cracked the personal Google account of an employee of Cisco and broke into the company’s network. In a blog post published by Cisco Wednesday, the company said that hackers took advantage of the saved passwords synchronized across the web by Google.

    The hacker pretended to be a trusted organization and persuaded the targeted employee to accept the multifactor authentication notification sent to his device. It allowed the attacker to gain access to the network of Cisco using the employee compromised credential.

    According to a blog post, Cisco did not find evidence suggesting the attacker gained access to critical systems related to code signing and product development. The successful data breach during the attack involved a black folder linked to the compromised account of the targeted employee. The data breached by the attacker was not sensitive, according to the company.

    Rouge Ransomware Groups

    Investigations revealed that the hacker who conducted the attack was previously an initial access broker. The adversary was identified with notorious cybercriminals gangs such as Lapus$, UNC2447, and Yanluowang. The initial brokers gain access to corporate networks, steal data by injecting ransomware into the system and then sell them to other hackers on the dark web.

    Cybersecurity firm Mandiant concluded last year that many ransomware attacks on organizations in North America and Europe were conducted by UNC2447, a financially motivated aggressive group.

    According to Symantec, Yanluowang is a ransomware group named after a Chinese deity and, since August 2021, has attacked American Corporations.

    The Lapsus$ group has been accused of conducting high-profile attacks on technology companies, including Nvidia Corp., Microsoft Corp., and Okta Inc.

    According to a report from Bloomberg News, the suspected mastermind of the Cisco attack was a 16-year British teenager living in his mother’s house. The hacker was trying to encrypt the files but could not do so before being detected and kicked out, according to evidence found by the company. Cisco also found several attempts to regain access after the attacker was evicted.

    Bleeping Computer had previously reported the hack.



    RELATED ARTICLES

    Evolution of Locks

    The Evolution of Locks through History

    The history of locks is a fascinating journey that mirrors the evolution of human civilization....
    HP Chromebook

    4 Best HP Chromebooks: Seamlessly Connecting Work and Play

    A dependable laptop is essential for academic achievement in today's fast-paced, technologically-driven educational environment. Students...
    Electrification

    Electrification: Main Areas of Application and Benefits

    The fight against climate change and the race towards increasingly sustainable lifestyles are strongly boosting electrification processes....
    HDHub4u movie

    Visit HDHub4u Movie: A Heaven for Movie Buffs

    Disclaimer: We, Business Upside, absolutely oppose online piracy. We are aware of and abide by all...
    Realme 5G

    Realme 5G: The Ultimate Budget-Friendly Phone for You

    The smartphone industry is constantly changing, and 5G connectivity is the newest catchphrase. Even though...
    language model

    Siri 2.0? An On-Device Language Model: Apple’s Next Superstar

    Apple is dropping another bombshell! Get ready, as the tech giant is gearing up to...
    Evolution of Locks

    The Evolution of Locks through History

    The history of locks is a fascinating journey that mirrors the evolution of human civilization....
    Business Growth

    How the Ray-Ban Meta Smart Glasses Can Be Used for Business Growth and Success?

    As technology takes over societies and industries, digital transformation is no longer an option but...
    wellhealthorganic vitamin B12

    Wellhealthorganic Vitamin B12: Deficiency Symptoms and Benefits

    Before we get into the details of the deficiency symptoms and Wellhealthorganic vitamin B12 benefits,...
    Delivery Service

    Which Countries are Covered by Polonez America’s Delivery Service?

    Polonez America covers many countries and ensures that parcels reach their destinations on time and...
    HP Chromebook

    4 Best HP Chromebooks: Seamlessly Connecting Work and Play

    A dependable laptop is essential for academic achievement in today's fast-paced, technologically-driven educational environment. Students...