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LendingTree links its recent data breach to cloud-computing data company Snowflake

Many major companies have revealed that recent data breaches have been linked to Snowflake, the cloud computing data company, and it’s unclear what the company is doing to stop such data breaches, the company said. TechCrunch.

Ticketmaster was the first company to publicly disclose a data breach linked to Snowflake.

“We take these matters seriously. [Snowflake] An internal investigation has been launched.

Live Nation, which owns Ticketmaster, I said at the time“On May 20, 2024, Live Nation Entertainment, Inc. (the “Company” or “we”) identified unauthorized activity within a third-party cloud database environment that contained our data (primarily data from our subsidiary, Ticketmaster LLC) and initiated an investigation with industry-leading forensic investigators to understand what occurred.”

“On May 27, 2024, a criminal threat actor sold purportedly our user data via the dark web. We are working to mitigate the risk to our users and our company and have notified and cooperated with law enforcement.”

However, loan comparison company LendingTree reportedly confirmed that data from its subsidiary QuoteWizard was stolen from Snowflake.

“We use Snowflake to operate our business and can confirm that Snowflake notified us that data from our subsidiary, QuoteWizard, may have been affected by this incident,” LendingTree spokesperson Megan Gruling said in a statement.

“We take these matters seriously. [Snowflake] “We have launched an internal investigation,” Gruling added, “and at this time, it does not appear that consumer financial account information or that of our parent company, LendingTree, has been affected.”

Wired report Many of Snowflake’s problems stem from a notorious cybercrime website called BreachForums. The FBI took down the site in mid-May, but other versions of the forum have appeared online.

The report claims that the hacker group, known as the Shiny Hunters, claimed to have sold 560 million records from Ticketmaster and 30 million from Santander, both of which have acknowledged being victims of data breaches.

Recently, a BreachForums account using the handle “Sp1d3r” posted that it had 380 million customer details for Advance Auto Parts. It is unclear whether this information was purchased from a hacker site.

“We are aware of reports that Advance may have been involved in a security incident related to Snowflake,” company spokesman Daryl Carr said.

“We are investigating this matter and cannot share any further information at this time. Our operations and systems have not been affected in any way.”

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