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Scrape Timestamp (UTC): 2024-05-31 21:48:13.259
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Live Nation finally confirms massive Ticketmaster data breach. Live Nation has confirmed that Ticketmaster suffered a data breach after its data was stolen from a third-party cloud database provider, which is believed to be Snowflake. "On May 20, 2024, Live Nation Entertainment, Inc. (the “Company” or “we”) identified unauthorized activity within a third-party cloud database environment containing Company data (primarily from its Ticketmaster L.L.C. subsidiary) and launched an investigation with industry-leading forensic investigators to understand what happened. "On May 27, 2024, a criminal threat actor offered what it alleged to be Company user data for sale via the dark web." "We are working to mitigate risk to our users and the Company, and have notified and are cooperating with law enforcement. As appropriate, we are also notifying regulatory authorities and users with respect to unauthorized access to personal information." While the breach has allegedly exposed the data of over 500,000 Ticketmaster users, the company states that they do not believe that the breach will have a material impact on the overall business operations or its financial condition. This is a developing story
Daily Brief Summary
Live Nation announced a significant data breach at Ticketmaster, involving unauthorized access to a third-party cloud database.
The breach, identified on May 20, 2024, affected primarily data from Ticketmaster L.L.C., a subsidiary of Live Nation.
An investigation with forensic experts was launched immediately after discovering the unauthorized activity.
The exposed data, totaling over 500,000 Ticketmaster users, was subsequently offered for sale on the dark web on May 27, 2024.
Despite the significant number of users affected, Live Nation assesses that the breach will not materially impact its business operations or financial stability.
Live Nation has engaged with law enforcement, regulatory authorities, and has been notifying affected users to mitigate further risks.