Nvidia Updates On Cybersecurity Attack

  • NVIDIA Corp (NASDAQ:NVDA) admitted that a cyber attacker had leaked employee credentials and some company proprietary information online after breaching their systems, Reuters reports.
  • A ransomware outfit under the name "Lapsus$" claimed to be responsible for the leak and seemingly has information about the schematics, drivers, and firmware, among other data, about the graphics chips.
  • Related Content: Nvidia Reportedly Under Cyberattack: What You Need To Know
  • "We have no evidence of ransomware being deployed on the Nvidia environment or that this is related to the Russia-Ukraine conflict," Nvidia's spokesperson said.
  • Nvidia became aware of the breach on January 23. 
  • Nvidia is the most valuable chipmaker in the U.S., known for its graphics processing units (GPU).
  • Price Action: NVDA shares traded lower by 0.89% at $241.68 in the premarket on the last check Monday.
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