Live Nation Entertainment said it is investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a series of high-profile corporate attacks that occurred last year.
In a filing with the U.S. Securities and Exchange Commission, Live Nation said it had found “unauthorized activity” in a third-party cloud database that primarily contained Ticketmaster data and was working with forensic investigators. .
Last week, a little-known cybercrime group called ShinyHunters said it had stolen user data from more than 500 million Ticketmaster customers, according to multiple media reports.
Live Nation did not mention ShinyHunters in its SEC filing.
The company did not immediately respond to a request for comment.
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The breach comes as the concert promoter has been fighting regulatory scrutiny over antitrust concerns. Live Nation was hit last week with the first of a likely wave of consumer antitrust lawsuits after the U.S. government and states sued to break up the company, arguing that, along with its Ticketmaster unit, the company was illegally inflating concert ticket prices.
Live Nation in its filing said that on May 27, “a criminal threat actor offered for sale what was purportedly to be company user data via the dark web.”
“We are working to mitigate the risk to our users and the company, and have notified and are cooperating with authorities,” the firm said. “As appropriate, we are also notifying regulatory authorities and users regarding unauthorized access to personal information.”
The breach has not had and is unlikely to have a material impact on Live Nation’s business or finances, the company said.
“We continue to assess the risks and our remediation efforts are ongoing.”
