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Microsoft admits Lapsus$ hacked an employee's account; provides analysis of group's tactics

Microsoft has acknowledged the Lapsus$ extortion gang compromised a single employee account and had "limited access" to its systems, saying the gang's boast it had stolen company source code allowed it to interrupt the attack "in mid-operation." The statement issued Tuesday by the company's security teams also says "no customer code or data was involved
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Microsoft confirms Lapsus$ hacker group accessed 'portions of source code' but maintains no customer data was stolen

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
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South Africa wants to fight SIM swapping with biometric checks

The independent communications authority of South Africa (ICASA) has submitted a radical proposal to tackle the problem of SIM swapping attacks in the country, suggesting that local service providers should keep biometric data of cellphone number owners.
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