this post was submitted on 01 Jun 2024
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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 β€” and in some cases, partial credit card information β€” of Ticketmaster users around the world.

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[–] [email protected] 8 points 2 months ago (1 children)

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

[–] [email protected] 1 points 2 months ago

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