Nvidia Suffers Leak of Company, Employee Information in Cyberattack

By
Nathan Reiff
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Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative investments on Investopedia since 2016.
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Published March 01, 2022

Nvidia Corp. (NVDA), a major U.S. manufacturer of chips and graphics processing units, said that it lost company and employee information in a cyberattack, CNN reported, and that the attacker reportedly leaked employee credentials as well as Nvidia proprietary information online following the breach.

The company became aware of the security breach on Feb. 23, although it was not immediately apparent from Nvidia reports when the attack took place, the CNN report said. Nvidia added that it is currently working to analyze the information that was leaked as a result of the hack.

Key Takeaways

  • Chipmaker Nvidia Corp. suffered a cyber attack that compromised proprietary information and employee credentials.
  • The company said it does not believe that the attack is related to the ongoing Russia-Ukraine conflict, nor that it is the result of ransomware being deployed on its environment.
  • A hacking outfit under the name "Lapsus$" has reportedly claimed responsibility for the attack.
  • Nvidia does not anticipate any interruption to its business as a result of the breach.

Details of the Attack Emerging

Nvidia said that it has "no evidence" of ransomware having been deployed on its environment in relation to the attack. Similarly, it does not believe that the breach is related to the Russia-Ukraine conflict, which has sparked global concerns about cyber security.

A ransomware operation known as "Lapsus$" reportedly claimed responsibility for the leaked information. CNN reports that this operation appears to have information about Nvidia schematics, drivers, firmware, and other data related to its products.

Nvidia doesn't anticipate that its business operations will be disrupted by the attack, the CNN report said.

Article Sources
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  1. CNN Business. "Nvidia says employee, company information leaked online after cyber attack."

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