One of the biggest hacks of the year may have started to unfold. Late on Friday, embattled events business Live Nation, which owns Ticketmaster, confirmed it suffered a data breach after criminal hackers claimed to be selling half a billion customer records online. Banking firm Santander also confirmed it had suffered a data breach impacting millions of customers and staff after its data was advertised by the same group of hackers.
While the specific circumstances of the breaches—including exactly what information was stolen and how it was accessed—remain unclear, the incidents may be linked to attacks against company accounts with cloud hosting provider Snowflake. The U.S.-based cloud firm has thousands of customers, including Adobe, Canva and Mastercard, which can store and analyze vast amounts of data in its systems.
Security experts say that as more details become clear about hackers' attempts to access and take data from Snowflake's systems, it is possible that other companies will reveal they had data stolen. At present, though, the developing situation is messy and complicated.
Please select this link to read the complete article from WIRED.