Ticketmaster Data Breach: Entertainment Giant Live Nation Confirms About Hackers Attacking Its Subsidiary Company and Attempting to Data on Dark Web
Entertainment major Live Nation has confirmed that its ticketing subsidiary Ticketmaster was compromised by hackers, who allegedly offered data of 560 million users on the dark web for sale.
San Francisco, June 1: Entertainment major Live Nation has confirmed that its ticketing subsidiary Ticketmaster was compromised by hackers, who allegedly offered data of 560 million users on the dark web for sale. The hackers exposed data, allegedly containing personal information, credit card details and other information about Ticketmaster customers, selling it for $500,000 on the Dark Web, according to reports. Now, in a regulatory filing in the US, Live Nation has acknowledged the data breach.
“On May 20, 2024, Live Nation Entertainment identified unauthorised activity within a third-party cloud database environment containing company data (primarily from its Ticketmaster subsidiary) and launched an investigation with industry-leading forensic investigators to understand what happened,” the company said in the filing. OpenAI Says It Stalled Attempts by Israel-Based Company STOIC To Interfere in Lok Sabha Elections 2024 and Generate Anti-BJP Content.
On May 27, a criminal threat actor offered what it alleged to be “company user data for sale via the dark web”. “We are working to mitigate risk to our users and the Company, and have notified and are cooperating with law enforcement. Google News Down: Search Engine Suffers Outage With Several Users Facing Issues in Accessing; Updates Back On Now.
As appropriate, we are also notifying regulatory authorities and users with respect to unauthorised access to personal information,” said Live Nation. It said that the data breach, has not had any "material impact on our overall business operations or on our financial condition or results of operations”. “We continue to evaluate the risks and our remediation efforts are ongoing,” it added. Live Nation, however, didn’t provide specific details about the breach.
(The above story first appeared on LatestLY on Jun 01, 2024 10:15 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).