Double Hack
Last week we noted that NVIDIA (NVDA) had been hacked by a South American group known as LAPSUS$. The hackers stole over 1TB of data including details about NIDIA’s LHR (Light Hash Rate) system that limits the performance of NVIIDIA’s graphic card processors when its graphic cards are being used for crypto-mining rather than gaming. Graphics cards are in short supply and prices have risen as cryptocurrency miners soak up whatever stock is available leaving gamers, NVIDIA’s long-term customers, with very high prices for the cards they need and little stock. The LHR system makes it less profitable for miners to use the cards, in theory leaving more for NVIDIAs traditional customers. By revealing how the LHR works, the hackers are threatening to thwart NVIDIA’s system, unless they pay.
The same hacker group seems to now have hacked Samsung Electronics (005930.KS) over the weekend and mow claim to have the source code for Samsung’s Knox security system and biometric codes for Samsung’s Knox security system that resides on almost every Samsung smartphone. Tablet, or PC. Indications are that the hackers were able to access confidential source code and other classified data, with the hackers teasing an image of a portion of the data which included the algorithms to unlock biometric data and the code behind Samsung services, which, if true, would open up millions of Samsung smartphones to the hackers or those that decide to use the hacked information. As of yesterday Samsung was still trying to evaluate what was taken and the risk to users and has not offered a workaround or fix, but with ~20% of all smartphones sold being a Samsung Galaxy device, the problem is potentially a large one.
The same hacker group seems to now have hacked Samsung Electronics (005930.KS) over the weekend and mow claim to have the source code for Samsung’s Knox security system and biometric codes for Samsung’s Knox security system that resides on almost every Samsung smartphone. Tablet, or PC. Indications are that the hackers were able to access confidential source code and other classified data, with the hackers teasing an image of a portion of the data which included the algorithms to unlock biometric data and the code behind Samsung services, which, if true, would open up millions of Samsung smartphones to the hackers or those that decide to use the hacked information. As of yesterday Samsung was still trying to evaluate what was taken and the risk to users and has not offered a workaround or fix, but with ~20% of all smartphones sold being a Samsung Galaxy device, the problem is potentially a large one.
RSS Feed