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BBC described the suspect as autistic and attending a special education school in Oxford, and reported that he was alleged to have earned a jaw-dropping $14million through his hacking activities.
The hackers' mode of operation is to steal data from a company and then demand a ransom to release the information.
On Thursday, London police announced that they have arrested seven people, between ages 16-21, in connection with the LAPSUS$ hacks, but the agency did not say whether the alleged mastermind was among those detained.
In a series of posts on the messaging app Telegram, members of the shadowy group boasted that they had breached Okta, the San Francisco-based company that helps employees of more than 15,000 organizations securely access their networks and applications.
Okta confirmed on Tuesday that hackers may have accessed data from hundreds of its after digitally breaking into the laptop of an engineer at a Miami-based contractor.
Okta's shares plummeted 11 percent amid criticism of the digital authentication firm's slow response to the intrusion.
LAPSUS$ previously claimed responsibility for hacking Nvidia, Samsung Electronics and the gaming company Ubisoft Entertainment, the maker of Assassin's Creed.
LAPSUS$ also claimed to have snatched source code from Microsoft's Bing search engine, Bing Maps and the Cortana digital assistant program.
The hackers' mode of operation is to steal data from a company and then demand a ransom to release the information.
On Thursday, London police announced that they have arrested seven people, between ages 16-21, in connection with the LAPSUS$ hacks, but the agency did not say whether the alleged mastermind was among those detained.

In a series of posts on the messaging app Telegram, members of the shadowy group boasted that they had breached Okta, the San Francisco-based company that helps employees of more than 15,000 organizations securely access their networks and applications.
Okta confirmed on Tuesday that hackers may have accessed data from hundreds of its after digitally breaking into the laptop of an engineer at a Miami-based contractor.
Okta's shares plummeted 11 percent amid criticism of the digital authentication firm's slow response to the intrusion.
LAPSUS$ previously claimed responsibility for hacking Nvidia, Samsung Electronics and the gaming company Ubisoft Entertainment, the maker of Assassin's Creed.
LAPSUS$ also claimed to have snatched source code from Microsoft's Bing search engine, Bing Maps and the Cortana digital assistant program.