LendingTree (TREE) announces that the client data of QuoteWizard has been hacked and sold on cybercriminal forums. TREE is investigating the matter to determine the theft's scope and implications.
Hackers are auctioning off consumer data from QuoteWizard, a subsidiary of the lending platform LendingTree Inc., Bloomberg News reported on Thursday.
LendingTree (TREE) is set to benefit from its strategic efforts to diversify product offerings and planned acquisitions. However, the weak liquidity position remains a concern.
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