Ticketmaster and Live Nation reportedly experienced a security breach

A notorious dark web group known as Shiny Hunters has claimed responsibility for a massive data breach targeting Ticketmaster and Live Nation, two major players in the live events industry. The group is attempting to sell the stolen customer details for a staggering $US500,000 on the dark web, boasting that they have obtained 1.3 terabytes of sensitive information.

The compromised data reportedly includes names, addresses, contact details, credit card information, ticket orders, and even fraud information. With allegations of 560 million people’s details being exposed, the potential fallout from this breach could be catastrophic, leading to financial fraud and identity theft for those affected.

Ticketmaster, a subsidiary of Live Nation, operates in 32 countries worldwide and boasts over five million customers in Australia and New Zealand alone. This breach could have far-reaching consequences for individuals across the globe, highlighting the importance of cybersecurity measures in today’s digital age.

Shiny Hunters has a history of high-profile data breaches and is the owner of Breach Forums, a platform notorious for cybercrime activities. Despite efforts by the FBI to shut down the forum, the group has managed to evade law enforcement and continue their illicit activities.

In a separate development, the US Department of Justice recently filed an antitrust lawsuit against Live Nation Entertainment and Ticketmaster, alleging monopolistic practices in the live music industry. US Attorney-General Merrick Garland has called for the breakup of Live Nation, accusing the company of abusing its market dominance to the detriment of fans, artists, and smaller promoters.

NewsWire is currently seeking comment from Ticketmaster regarding the data breach and its potential impact on customers. As the investigation unfolds, it is crucial for individuals to remain vigilant and take necessary precautions to protect their personal information in the face of escalating cyber threats.