Bad actors gain access to Lending Tree customers’ personal information

Bad actors gain access to Lending Tree customers’ personal information

https://www.jdsupra.com/legalnews/lending-tree-llc-announces-data-breach-5149163/

Exploit: Hacking
Lending Tree: Financial & Mortgage Services

risk-to-business-img-r1

Risk to Business: 1.672 = Severe

Mortgage giant Lending Tree, LLC recently confirmed that the company has experienced a data breach after cybercriminals discovered a code vulnerability on its website. According to a notice filed by the company, on June 3, 2022, Lending Tree discovered a code vulnerability on the company’s website that likely resulted in bad actors gaining access to sensitive personal information for customers. Lending Tree believes that the vulnerability was in place since mid-February 2022.

risk-to-business-img-r1

Individual Risk: 1.703 = Severe

Exposed information varies depending on the individual, but may include client names, Social Security numbers, dates of birth and street addresses.

How It Could Affect Your Customers’ Business: The financial sector was at the top of the cybercriminal hit list in 2021 and that hasn’t changed in 2022.

Risk Levels:
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk

*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.