Microsoft has confirmed that the hacker group Lapsus$ gained “limited access” to its systems, following reports that they had obtained source code for Bing and the Cortana voice assistant. Microsoft is downplaying the threat however, and claim to have been tracking Lapsus$ for several weeks now.

“Our investigation has found a single account had been compromised, granting limited access,” Microsoft said. “Our cybersecurity response teams quickly engaged to remediate the compromised account and prevent further activity. Microsoft does not rely on the secrecy of code as a security measure and viewing source code does not lead to elevation of risk.”

Lapsus$, also known for hijacking cryptocurrency accounts, has been causing quite the stir in recent weeks, also targeting Nvidia, Samsung, Okta, and Ubisoft.

In an interesting turn of events, multiple outlets are reporting on an investigation by Bloomberg that has allegedly identified the Lapsus$ ringleader as a 16-year-old boy living with his mum in Oxford, UK. This individual is apparently so skilled at hacking (and so fast) that researchers initially thought they were observing automated activity. Investigations are ongoing — in the meantime, stay safe out there, folks.

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