Ticketmaster and Santander Breaches Expose Cloud Security Flaws

Recent data breaches at Ticketmaster and Santander Bank have exposed major security vulnerabilities in the use of third-party cloud storage services. These breaches highlight the urgent need for robust security measures as more organisations move their data to the cloud.

On May 20, Ticketmaster experienced a data breach involving a third-party cloud storage provider. The breach, disclosed in a regulatory filing by its parent company Live Nation Entertainment, compromised the data of approximately 550 million customers. This stolen data, including sensitive personal information, was reportedly put up for sale on a Dark Web forum by a group known as “ShinyHunters.”

Just a week earlier, on May 14, Santander Bank revealed a similar breach. Unauthorised access to a cloud-hosted database exposed data belonging to customers and employees, primarily affecting those in Spain, Chile, and Uruguay. ShinyHunters also claimed responsibility for this breach, offering the stolen data—which includes 30 million customer records, 28 million credit card numbers, and other sensitive information—for sale at $2 million.

Both breaches have been linked to Snowflake, a renowned cloud storage provider serving numerous high-profile clients like MasterCard, Disney, and JetBlue. Although Snowflake acknowledged recent malicious activities targeting its customers, an investigation by Mandiant and CrowdStrike found no evidence of a vulnerability or breach within Snowflake’s own platform. The attackers apparently exploited single-factor authentication credentials obtained through

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

Read the original article: