Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Hackers claim Ticketmaster data breach, offer info of 560 million customers for sale By: FOX Business May 30, 2024 at 15:20 PM EDT A notorious hacking group known as ShinyHunters claims it was able to break into Ticketmasters' systems and steal sensitive information about 560 million customers. A notorious hacking group claims it has breached Ticketmaster's systems and is offering the stolen data of 560 million customers for sale, according to multiple reports.The group ShinyHunters listed 1.3 terabytes' worth of Live Nation-owned Ticketmaster customer data for a one-time price of $500,000 on its cybercrime-linked platform Breach Forums, Hackread.com first reported Tuesday.According to the outlet, ShinyHunters was allegedly able to access a massive amount of sensitive information from Ticketmaster customers, including full names, addresses, phone numbers, along with the expiration dates and last four digits of impacted users' credit card numbers.A spokesperson for the Australian government told AFP in a statement that the nation's National Office of Cyber Security "is engaging with Ticketmaster to understand the incident," and a U.S. embassy spokesperson told the outlet that the FBI has offered assistance to Australian authorities investigating the possible breach.ASCENSION HEALTH, NATION'S LARGEST CATHOLIC HOSPITAL CHAIN, VICTIM OF CYBERATTACK DISRUPTING OPERATIONSCyberdaily.au noted that ShinyHunters has previously released the data of customers from Microsoft, AT&T, Home Chef and other major companies.The day after the report, Ticketmaster and Live Nation were hit with a class action lawsuit from customers over the alleged data breach, Bloomberg Law first reported.FOX Business has reached out to Ticketmaster and Live Nation seeking comment.DOJ SUES LIVE NATION AND TICKETMASTER, ALLEGING ‘MONOPOLISTIC CONTROL’ OVER LIVE EVENTS BUSINESSThe alleged hack and subsequent lawsuit add to Ticketmaster and Live Nation's ongoing woes. The companies were sued in a civil antitrust lawsuit last week by the U.S. Department of Justice and 30 state attorneys general alleging "monopolistic control" over the live events industry.GET FOX BUSINESS ON THE GO BY CLICKING HERE Live Nation Entertainment told FOX Business in a statement after the filing that "[c]alling Ticketmaster a monopoly may be a PR win for the DOJ in the short term, but it will lose in court because it ignores the basic economics of live entertainment, such as the fact that the bulk of service fees go to venues, and that competition has steadily eroded Ticketmaster’s market share and profit margin." FOX Business' Greg Norman contributed to this report. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Hackers claim Ticketmaster data breach, offer info of 560 million customers for sale By: FOX Business May 30, 2024 at 15:20 PM EDT A notorious hacking group known as ShinyHunters claims it was able to break into Ticketmasters' systems and steal sensitive information about 560 million customers. A notorious hacking group claims it has breached Ticketmaster's systems and is offering the stolen data of 560 million customers for sale, according to multiple reports.The group ShinyHunters listed 1.3 terabytes' worth of Live Nation-owned Ticketmaster customer data for a one-time price of $500,000 on its cybercrime-linked platform Breach Forums, Hackread.com first reported Tuesday.According to the outlet, ShinyHunters was allegedly able to access a massive amount of sensitive information from Ticketmaster customers, including full names, addresses, phone numbers, along with the expiration dates and last four digits of impacted users' credit card numbers.A spokesperson for the Australian government told AFP in a statement that the nation's National Office of Cyber Security "is engaging with Ticketmaster to understand the incident," and a U.S. embassy spokesperson told the outlet that the FBI has offered assistance to Australian authorities investigating the possible breach.ASCENSION HEALTH, NATION'S LARGEST CATHOLIC HOSPITAL CHAIN, VICTIM OF CYBERATTACK DISRUPTING OPERATIONSCyberdaily.au noted that ShinyHunters has previously released the data of customers from Microsoft, AT&T, Home Chef and other major companies.The day after the report, Ticketmaster and Live Nation were hit with a class action lawsuit from customers over the alleged data breach, Bloomberg Law first reported.FOX Business has reached out to Ticketmaster and Live Nation seeking comment.DOJ SUES LIVE NATION AND TICKETMASTER, ALLEGING ‘MONOPOLISTIC CONTROL’ OVER LIVE EVENTS BUSINESSThe alleged hack and subsequent lawsuit add to Ticketmaster and Live Nation's ongoing woes. The companies were sued in a civil antitrust lawsuit last week by the U.S. Department of Justice and 30 state attorneys general alleging "monopolistic control" over the live events industry.GET FOX BUSINESS ON THE GO BY CLICKING HERE Live Nation Entertainment told FOX Business in a statement after the filing that "[c]alling Ticketmaster a monopoly may be a PR win for the DOJ in the short term, but it will lose in court because it ignores the basic economics of live entertainment, such as the fact that the bulk of service fees go to venues, and that competition has steadily eroded Ticketmaster’s market share and profit margin." FOX Business' Greg Norman contributed to this report.
