Ticketmaster Cyber Attack
Ticketmaster Cyber Attack

Live Nation confirms Ticketmaster Cyber Attack exposing 560 Million users’ data

What To Know

  • The notorious hacking group ShinyHunters is behind the attack, demanding $500,000 in ransom to withhold the sale of the 1.
  • Live Nation disclosed in a filing with the US Securities and Exchange Commission that “unauthorized activity” was detected on May 20, sparking an immediate investigation.
  • “As of the date of this filing, the incident has not had, and we do not believe it is reasonably likely to have, a material impact on our overall business operations or on our financial condition or results of operations,” Live Nation stated.
  • Additionally, the company has a controversial history of hacking into the computer system of its competitor, Songkick, for which it paid a $10 million criminal fine to avoid prosecution.

Ticketmaster has fallen victim to a significant cyber attack, as confirmed by its parent company, Live Nation. The breach reportedly compromised personal information of 560 million individuals, including names, contact numbers, addresses, and partial payment details.

The notorious hacking group ShinyHunters is behind the attack, demanding $500,000 in ransom to withhold the sale of the 1.3TB of stolen data, which they have corroborated to Hackread.

Live Nation disclosed in a filing with the US Securities and Exchange Commission that “unauthorized activity” was detected on May 20, sparking an immediate investigation. By May 27, a “criminal threat actor” had offered what they claimed to be company user data for sale on the dark web.

The company is actively striving to mitigate the risks to its customers and its operations. “As of the date of this filing, the incident has not had, and we do not believe it is reasonably likely to have, a material impact on our overall business operations or on our financial condition or results of operations,” Live Nation stated. “We continue to evaluate the risks and our remediation efforts are ongoing.”

Ticketmaster has previously encountered breaches, notably a bot attack during Taylor Swift ticket sales. Additionally, the company has a controversial history of hacking into the computer system of its competitor, Songkick, for which it paid a $10 million criminal fine to avoid prosecution.

Zeeshan Zaidi, the former head of Artist Services at Ticketmaster, pled guilty to conspiring to commit computer intrusions and wire fraud as part of this scandal.