Valve addressed concerns about alleged breaches of user data, refuting claims of a significant hack involving Steam account information. The company clarified that reports of leaked two-factor authentication text messages do not indicate any compromise of its internal systems. The source of the leak is under investigation, and it involved older text messages containing one-time codes valid for 15 minutes, without linking phone numbers to Steam accounts or exposing sensitive information like passwords or payment details. Valve emphasized that old text messages cannot compromise account security and that attempts to change account details via SMS will trigger additional confirmation steps. Allegations from Underdark.ai about a dataset containing over 89 million Steam user records are questioned due to the low asking price for the data.