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Mar 11, 2022

MercadoLibre, the biggest e-commerce company in Latin America, was hacked. Attackers leak source code and customer data

Posted by in category: cybercrime/malcode

MercadoLibre, one of the most important e-commerce companies in Latin America, confirmed unauthorized access to a part of its source code, in addition to confirming that the attackers managed to access the personal records of some 300,000 users. The company has not confirmed that its IT infrastructure was affected during the incident.

The Argentine firm confirmed the compromise of its systems after hackers from the Latin American group Lapsus$ threatened to expose confidential information from MercadoLibre and other e-commerce platforms. Faced with this threat, MercadoLibre enabled all its security and containment protocols, so it recommended that users of the platform change their passwords and monitor their account statements to prevent any attempt at malicious activity.

MercadoLibre has established itself as the largest e-commerce and payment processing ecosystem in Latin America. It currently has more than 140 million active buyers and sellers in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela.

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