May 31, 2024 at 05:46PM
Live Nation has confirmed a data breach at Ticketmaster, with data stolen from a third-party cloud database, likely Snowflake. The breach exposed over 500,000 users’ data. Live Nation is working to mitigate the risk, cooperating with authorities, and notifying regulatory bodies and affected users. They don’t expect a significant impact on business operations.
From the meeting notes, I have generated the following clear takeaways:
1. Live Nation confirmed that Ticketmaster experienced a data breach due to data being stolen from a third-party cloud database provider, believed to be Snowflake.
2. Unauthorized activity within the third-party cloud database containing primarily Ticketmaster data was identified on May 20, 2024.
3. A criminal threat actor offered what was claimed to be Company user data for sale via the dark web on May 27, 2024.
4. Live Nation is working to mitigate risk to users and the company, and is cooperating with law enforcement, notifying regulatory authorities and affected users regarding the unauthorized access to personal information.
5. The breach has reportedly exposed the data of over 500,000 Ticketmaster users, but Live Nation believes it will not have a material impact on the overall business operations or financial condition at this time.
It’s important to note that this is a developing story and further updates may follow.