Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year.
In a filing with the U.S. Securities and Exchange Commission, Live Nation said it found “unauthorized activity” in a third-party cloud database that mainly contained Ticketmaster data, and was working with forensic investigators.
Last week, a hacking group named ShinyHunters said it had stolen user data of over 500 million Ticketmaster customers, according to various media reports.
Some media reports quote the group as saying it’s in possession of names, addresses, phone numbers — and in some cases, partial credit card information — of Ticketmaster users around the world.
The breach hasn’t had and is unlikely to have a material impact on Live Nation’s business operations or financials
well it fucking should
It won’t because TM/LN owns 70% of the ticketing and live event market.
There’s almost nowhere else to buy tickets from.
https://www.cnbc.com/2023/01/25/the-live-nation-and-ticketmaster-monopoly-of-live-entertainment.html
Can we get a class action lawsuit against these negligent bastards? $1000 per account stolen.
We should be able to tack on a bunch of fees.
Plus they should add credit monitoring for a year.
Fucking asshole mega corps.
I think this is going to be the solution. Holding this information needs to be a significant liability for companies.