Ticketmaster acknowledge hackers stealing 560million customers’ data for ransom

nme.com:

Hackread (via Billboard), the compromise in data was carried out by a well known hacker group called ShinyHunters, who claimed that they had stolen 1.3 terabytes of data from Ticketmaster.Details obtained from the 560million customers include full names, addresses, email addresses, phone numbers, ticket sales and event details, order information, and partial payment card data.

They have threatened to sell the data for $500,000 (£393,800).The ticketing company previously urged its users to carry out checks due to the data breach.Live Nation has now confirmed the matter in an SEC filing on Friday (May 31).

According to the filing, the company identified unauthorized activity on the database on May 20 and proceeded to launch an investigation.

They stated that they have notified and are cooperating with law enforcement.In the filing, Ticketmaster said that the breach “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.”As per Rolling Stone, a source with knowledge of the matter has shared that at the moment, there is no evidence of account credentials being compromised.The filing also said that the breach occurred on “a third-party cloud database environment containing Company data” and not on Ticketmaster’s servers.As confirmed to Rolling Stone by Ticketmaster,it was a database the company hosted through the cloud data company Snowflake.