Subj : Ticketmaster confirms data breach and personal info lost, says Sn
To   : All
From : TechnologyDaily
Date : Mon Jun 03 2024 14:45:05

Ticketmaster confirms data breach and personal info lost, says Snowflake 
systems were hacked

Date:
Mon, 03 Jun 2024 13:35:17 +0000

Description:
Live Nation submits more info on Ticketmaster hack to SEC, confirming earlier 
reports of a data breach.

FULL STORY
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Ticketmaster has confirmed recent reports of a data breach in a new filing 
with the US Securities and Exchange Commission (SEC). 

Live Nation (which merged with Ticketmaster in 2010) submitted a new Form 8-K 
filing in which it said on May 20, it identified unauthorized activity within 
a third-party cloud database environment containing Company data (primarily 
from its Ticketmaster L.L.C. subsidiary). 

Subsequent investigation discovered that on May 27, a threat actor tried to 
sell the stolen data on the dark web. Snowflake investigates 

The filing does not say which third-party cloud database provider Live Nation 
was referring to, but an unnamed Ticketmaster spokesperson told TechCrunch it 
was Snowflake. They didnt detail exactly how Snowflake was breached, but the 
company does have a breach notification posted on its website. 

Snowflake recently observed and is investigating an increase in cyber threat 
activity targeting some of our customers accounts, it said. 

We believe this is the result of ongoing industry-wide, identity-based 
attacks with the intent to obtain customer data. The company doesnt believe 
to be vulnerable in any way, has any misconfigured systems, or something 
similar, but instead that its a victim of credential-stuffing attacks in 
which threat actors obtained the necessary information elsewhere. 

Research indicates that these types of attacks are performed with our 
customers user credentials that were exposed through unrelated cyber threat 
activity. 

Both Snowflake and Ticketmaster confirmed notifying affected individuals, 
with the latter also saying it notified the police, and is cooperating in the 
ongoing investigation. 

As appropriate, we are also notifying regulatory authorities and users with 
respect to unauthorized access to personal information, Ticketmaster told the 
SEC. 

Finally, the company said it doesnt believe the incident will have any 
material impact on its business operations. More from TechRadar Pro 
Ticketmaster breached  data of over 500 million users allegedly put up for 
sale online Here's a list of the best firewalls today These are the best 
endpoint protection tools right now



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Link to news story:
https://www.techradar.com/pro/security/ticketmaster-confirms-data-breach-and-p
ersonal-info-lost-says-snowflake-systems-were-hacked


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