Live Nation is investigating a knowledge breach at its Subsidiary of Ticketmaster,which dominates ticket sales for live events within the United States.
Live Nation, based in Beverly Hills, California, said in a regulatory filing Friday that on May 27, “a criminal threat actor” offered to sell Ticketmaster data on the dark web.
According to other media reports, a hacker group called ShinyHunters claimed responsibility for the info leak in a web based forum and demanded $500,000 for the info, which allegedly includes names, addresses, phone numbers and a few bank card information of tens of millions of Ticketmaster customers.
Live Nation and Ticketmaster didn’t immediately reply to requests for comment.
In a filing with the US Securities and Exchange Commission (SEC), Live Nation said it was working to “minimize risk to our users” and was cooperating with law enforcement authorities. It was unlikely that the breach would have a “material impact on our overall business operations.”
On May 23, the US Department of Justice sued Live Nation and Ticketmaster,It accused them of operating an illegal monopoly on live events in America. The agency asked a court to dismantle the system, which limits competition and drives up prices for fans.
