Microsoft Confirms System Hack By The Infamous Lapsus$: Bloomberg

Microsoft Corp MSFT confirmed "limited access" by the hacker group Lapsus$ to its systems and shared its findings regarding the group, Bloomberg reports.
Lapsus$ recently claimed of having stolen the source code for the Bing search engine and Cortana voice assistant.
Microsoft found that Lapsus$ had compromised a single account, granting limited access.
Microsoft's cybersecurity response teams quickly engaged to remediate and prevent further activity.
Lapsus$ had been expanding the geographic range of its targets and going after government organizations, tech, telecom, health-care, and crypto accounts.
Lapsus$ announced their attacks on social media or promoted their intent to buy credentials from employees of target organizations.
Lapsus$ had previously breached the cybersecurity defenses of NVIDIA Corp NVDA and Samsung Electronics Co Ltd SSNLF.
Lapsus$ also claimed to access the system privileges of Okta Inc OKTA, which was responsible for user authentication services for thousands of corporate clients.
Price Action: MSFT shares are down 0.59% at $302.28 premarket on the last check Wednesday.