Mercado Livre Says Hacker Attack Didn’t Affect Bitcoin Investments

Mercado Livre Says Hacker Attack Didn’t Affect Bitcoin Investments

An incident caused by a possible hacker group on the Mercado Livre platform has not impacted the Bitcoin investments the company has made available in recent months.

Being one of the largest companies in Latin America and publicly traded, it attracted attention in recent days when it was mentioned by the Hacker LAPSUS$ group. The same group recently announced that it has successfully attacked major companies around the world, such as Huawei, Samsung and Nvidia.

In Brazil, the group that attacked and stole company data even attacked the Ministry of Health, an incident that looked like ransomware, but was later explained that it wasn’t.

When data is stolen, it is common for this group to call companies to negotiate a value through cryptocurrencies so that no information is leaked. To the live coinsMercado Livre did not comment on whether there were negotiations regarding the matter.

Anyway, the hacker group in its group on a messaging app asked followers to vote for what should be the next data breach to be made public, if it’s from Mercado Livre, Vodafone or Impresa, promising that after March 13. 2022.

Hacker Group Announced It Owns Mercado Livre Data And Is Willing To Leak Anything On The Internet - Reproduction
Hacker Group Announced It Owns Mercado Livre Data And Is Willing To Leak Anything On The Internet / Reproduction

Recently Listed Mercado Pago Buying and Selling Services

Mercado Pago, Mercado Livre’s payment company, launched the option to buy, sell and reserve cryptocurrencies on its platform in late December 2021. For the company’s clients, this is just one of the investment opportunities available.

Another alternative enabled for registered and verified customers on the platform is the ability to monetize the account balance. This company’s main user base is Brazil, including for credit card services.

Other fintech services offered by Mercado Livre include sending PIX, payments through links, credit purchases.

What does Mercado Livre say about the hacker attack?

Mercado Livre, who was asked for clarification by the report, stated that unauthorized access to some of the platform’s source code was recently detected. As a result, data from 300,000 users was consulted, out of the nearly 140 million the company has in its total base.

Still, financial and investment intelligence, such as cryptocurrencies and others, had no problem with the possible hacker attack, Mercado Livre guarantees.

“We recently discovered that part of MercadoLivre Inc. is subject to unauthorized access. We have activated our security protocols and are conducting a full review. While there is access to data from approximately 300,000 users (out of nearly 140 million unique active users), we have so far — and based on our initial analysis — found no evidence that our infrastructure systems have been compromised or acquired. , account balances, investments, financial or payment card information. We are taking strict measures to prevent further incidents.”

Source: Live Coins

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