Home Finance Live Nation has revealed that a ‘criminal threat actor’ offered to sell Ticketmaster data on the dark web, while reports say hackers are demanding $500,000 for customer information

Live Nation has revealed that a ‘criminal threat actor’ offered to sell Ticketmaster data on the dark web, while reports say hackers are demanding $500,000 for customer information

by Editorial Staff
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Reside Nation is investigating a knowledge breach at its Ticketmaster subsidiary, which dominates the sale of reside occasion tickets in america.

Reside Nation, primarily based in Beverly Hills, Calif., mentioned in a regulatory submitting Friday {that a} “legal menace actor” supplied to promote Ticketmaster knowledge on the darkish internet on Could 27.

Different media reviews mentioned a hacker group known as ShinyHunters claimed accountability for the hack on an internet discussion board and demanded $500,000 for knowledge that reportedly included the names, addresses, cellphone numbers and a few bank card particulars of tens of millions of Ticketmaster clients .

Reside Nation and Ticketmaster didn’t instantly reply to requests for remark.

In a submitting with the U.S. Securities and Trade Fee, Reside Nation mentioned it’s “working to scale back the danger to our customers” and is cooperating with legislation enforcement. It mentioned the breach was unlikely to have a “materials influence on our total enterprise operations”.

On Could 23, the US Division of Justice sued Reside Nation and Ticketmaster, accusing them of illegally monopolizing reside occasions in America. The division went to courtroom to get rid of the system, which it says restricts competitors and raises costs for followers.

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