500 million Ticketmaster prospects have their information hacked: LiveNation investigating breach | EUROtoday

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Live Nation is investigating an information breach at its Ticketmaster subsidiary, which dominates ticketing for stay occasions within the United States.

Live Nation, primarily based in Beverly Hills, California, stated in a regulatory submitting Friday that on May 27 “a criminal threat actor” offered to sell Ticketmaster data on the dark web.

Other media reports say a hacking group named ShinyHunters claimed responsibility for the breach in an online forum and was seeking $500,000 for the data, which reportedly includes names, addresses, phone numbers and some credit card details of millions of Ticketmaster customers.

Live Nation and Ticketmaster did not immediately respond to requests for comment.

In a filing with the U.S. Securities and Exchange Commission, Live Nation said it was “working to mitigate risk to our users” and was cooperating with law enforcement officials. It said the breach was unlikely to have “a cloth influence on our total enterprise operations.”

On May 23, the U.S. Justice Department sued Live Nation and Ticketmaster, accusing them of operating an unlawful monopoly over stay occasions in America. The division requested a courtroom to interrupt up the system that it stated limits competitors and drives up costs for followers.