Ticketmaster hit by cyber attack - with hackers 'offering to sell customer data on dark web'

Concert promoter Live Nation says it is investigating a cyber attack at its Ticketmaster unit, days after experts urged customers to change their passwords. Hackers are allegedly offering to sell customer data on the dark web. The US entertainment giant said it had discovered 'unauthorised activity' on 20 May in a third-party cloud database that mostly contained Ticketmaster data.

'We continue to evaluate the risks and our remediation efforts are ongoing.' Authorities in Australia and the US are reportedly talking to Ticketmaster to understand and respond to the incident. Companies face legal action Ticketmaster, which merged with Live Nation in 2010, is the world's largest ticket seller across live music, sports, theatre and other events. The breach comes at a time when the two companies face legal action over competition concerns.

Source: News Formal (newsformal.com)

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