Ticketmaster's parent company says it is investigating a possible data breach after a group of hackers claimed to have stolen the personal information of 560 million Ticketmaster customers., Ticketmaster owner Live Nation said it identified"unauthorized activity within a third-party cloud database environment containing Company data" on May 20.
A week later, the hacking group ShinyHunters claimed it had obtained 1.3 terabytes of Ticketmaster user data, including names, addresses, phone numbers, as well as order details and credit card information. The hackers were selling the data on the dark web for $500,000, according toAs of Friday, Live Nation said there was no evidence that the data breach had a"material impact" on its business operations.
"As appropriate, we are also notifying regulatory authorities and users with respect to unauthorized access to personal information," Live Nation said.According to the Justice Department, ShinyHunters has marketed stolen data from over 60 companies in the U.S. and globally since early 2020. "The victims range from tech companies, to an international stock trading company, to an apparel company, and a nutrition and fitness company," the department‘It is time to break up Live Nation-Ticketmaster’: Justice Department sues concert ticket behemoth
The cyberattack comes as Ticketmaster faces legal troubles. On May 23, the Justice Department and 30 state and district attorneys general filed aThe suit has the potential to reshape the live entertainment industry, as well as the fees and costs associated with live events.