Live Nation is investigating a data breach on its A subsidiary of Ticketmaster,which dominates ticket sales for live events in the US.
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.
Other media reports said the hacking group ShinyHunters claimed responsibility for the hack on an online forum and was demanding $500,000 for data that reportedly included the names, addresses, phone numbers and some credit card information of millions of Ticketmaster customers.
Live Nation and Ticketmaster did not immediately respond to requests for comment.
In a filing with the U.S. Securities and Exchange Commission, Live Nation said it is “working to reduce risks to our users” and is cooperating with law enforcement officials. It said the breach was unlikely to have a “material impact on our overall business operations.”
May 23 US Department of Justice sued Live Nation and Ticketmaster,accusing them of having an illegal monopoly on live streaming in America. The department has asked the court to overturn a system it says limits competition and raises prices for fans.