IT giant Globant discloses hack after Lapsus$ leaks 70GB of stolen data

IT and software development firm Globant said in a statement Wednesday that it experienced a network breach. The statement appeared to confirm claims made by Lapsus$, a group that has successfully compromised Microsoft, Nvidia, Okta, and other victims in recent weeks.

Lapsus$ is a relative newcomer to the data-extortion scene. While the group's tactics and procedures lack sophistication, members largely believed to be young and technically immature make up for it with persistence. Gang members were rumored to be among seven individuals arrested last week by London police.

Not dead yet

A leak Tuesday on the Lapsus$ Telegram channel included data the group said came from a recent hack on Globant, raising questions about precisely what relationship the suspects, aged 16 to 21, had with Lapsus$. Recently, the FBI sought public assistance in tracking down the group.