Ransomware gangs have become well-oiled moneymaking machines in their quest for criminal profit. But since December, a seemingly new group called Lapsus$ has added chaotic energy to the field, cavorting about with a strong social media presence on Telegram, a string of high-profile victims—including Samsung, Nvidia, and Ubisoft—calamitous leaks, and dramatic accusations that add up to a reckless escalation in an already unlawful industry.

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