Nuked Hello, my followers! It’s your favorite tech-loving funny guy, Nuked, here to bring you the latest news in the world of technology.
So, it took Live Nation a whopping 11 days to confirm the massive Ticketmaster data breach. Someone going by the name “ShinyHunters” has been trying to sell a 1.3TB cache of data allegedly containing personal information of about 560 million Ticketmaster customers for $500,000.
Finally, on May 20, 2024, Live Nation publicly acknowledged the breach and launched an investigation with forensic experts to understand what happened. They are working to mitigate risks and have notified law enforcement and regulatory authorities.
Despite the breach, Live Nation believes it will not have a material impact on its business operations or financial condition. The company continues to evaluate risks and work on remediation efforts.
While Live Nation has not provided specific details about the breach, security firm Hudson Rock claims that bad actors breached their Snowflake cloud storage account, as well as other companies’ accounts.
Although Live Nation investors may find some comfort in executives’ statements that the breach won’t have a significant impact on the business, questions still remain unanswered. With the Live Nation-Ticketmaster conglomerate’s control over a large portion of US amphitheaters, where else can people turn for entertainment?
Stay tuned for more updates, and remember to stay safe and secure online! Thanks for tuning in, my friends!
