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Vodafone and Mercado Libre Likely Hit by Ransomware Attacks

You are here: Home / General Cyber Security News / Vodafone and Mercado Libre Likely Hit by Ransomware Attacks
March 11, 2022

The ransomware group that hit Samsung and Nvidia appears to have struck two new huge-identify targets in the tech sector: a South American e-commerce giant and a British telecom multinational.

Buenos Aires-based online marketplace MercadoLibre admitted in an SEC submitting this week that resource code and consumer info were accessed, although it did not expose how.

“Although facts from close to 300,000 buyers (out of our approximately 140 million one of a kind active customers) was accessed, to day and according to our initial evaluation, we have not discovered any proof that our infrastructure methods have been compromised or that any users’ passwords, account balances, investments, monetary data or credit history card data ended up attained. We are getting demanding steps to prevent even further incidents,” it said.

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Separately, Vodafone is reportedly investigating statements that interior information was breached.

The two organizations were being reportedly cited by ransomware team Lapsus in a message to its subscribers on Telegram this 7 days. The group questioned which sufferer organization’s data must be leaked up coming: Vodafone, MercadoLibre or Portuguese media business Impresa.

It claimed to have 200GB of Vodafone resource code in its possession.

“We are investigating the declare alongside one another with regulation enforcement, and at this place we are not able to remark on the reliability of the assert,” a Vodafone spokesperson told CNBC. “However, what we can say is that frequently the forms of repositories referenced in the declare incorporate proprietary resource code and do not consist of shopper data.”

Thought to be based mostly in South The usa, Lapsus has already manufactured waves in the ransomware current market this year with breaches of Nvidia and Samsung. It’s believed to have obtained employee credentials and proprietary facts from the former and source code from the latter.

ESET’s global cybersecurity advisor, Jake Moore, argued that ransomware teams are turning out to be ever more brazen in how they expose their victims.

“It is possible the remaining firms will in time also have their leaked knowledge uncovered as well,” he explained of the Lapsus Telegram poll. “To avoid turning out to be the future sufferer, organizations must make certain their total IT infrastructure is secure by promptly patching all network security gateways and endpoint equipment.”


Some sections of this posting are sourced from:
www.infosecurity-magazine.com

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