On the dark web, hackers are purportedly offering to sell consumer data.
The US entertainment behemoth announced that on May 20, it found “unauthorized activity” in a cloud database belonging to a third party, most of which contained Ticketmaster information.
Furthermore, according to news, on May 27, “a criminal threat actor offered what it alleged to be company user data for sale via the dark web”
It happens just a few days after ShinyHunters, a little-known cybercrime outfit, allegedly claimed to have stolen personal information from over 500 million users of the online ticket sales platform.
According to reports, the hackers are want a ransom payment of about $500,000 (£400,000) in order to stop the material from being auctioned.
According to Live Nation, the breach has not had and is not expected to have a major impact on its operations.
Experts advised customers to update their passwords in the wake of the hacking allegations.
According to The news, Ticketmaster’s partial credit card details, along with names, addresses, phone numbers, and emails, were being sold online.
The article further stated that ShinyHunters asked $500,000 for a “one-time sale” and released samples of the data on a hacking forum.
In Live Nation’s filing with the US Securities and Exchange Commission, ShinyHunters were not mentioned.
“We are working to mitigate risk to our users and the company,” the company stated.
