The hack could affect 560m customers, the BBC claims.
Live Nation, which owns Ticketmaster, has confirmed “unauthorised activity” on its database.
Who is behind the attack?
The group responsible, ShinyHunters, claims to have stolen data, including “names, addresses, phone numbers and partial credit card details from Ticketmaster users worldwide.”
According to the BBC, “The hacking group is reportedly demanding a $500,000 (£400,000) ransom payment to prevent the data from being sold to other parties.”
You can read the full report here
The number of customers affected by the data breach has not been confirmed by Live Nation.
What has Live Nation said about the breach?
In a filing to the US Securities and Exchange Commission, Live Nation said that on May 27 “a criminal threat actor offered what it alleged to be Company user data for sale via the dark web.”
The hackers revealed the breach through an advert last week.
A spokesperson for Live Nation continues: “As of the date of this filing, the incident has not had, and we do not believe it is reasonably likely to have, a material impact on our overall business operations or on our financial condition or results of operations.
“We continue to evaluate the risks and our remediation efforts are ongoing.”
It is claimed that this hack is related to other incidents that has happened last week.
A spokesperson for the FBI told the BBC it “has no comment on this matter”.
How to protect your personal details from hackers?
Experts at 4th Platform advise staying calm and vigilant if you suspect you may be a victim of a cyber-attack. Here are key points to watch for:
Beware of Fraudulent Communications: Hackers often use stolen details to craft convincing emails, messages, and phone calls to trick you into revealing more information.
Scam Exploitation: Scammers might exploit the anxiety caused by a hack to persuade you to share additional sensitive information.
Be particularly cautious of:
Official-Sounding Requests: Messages about “resetting passwords,” “receiving compensation,” “scanning devices,” or “missed deliveries” can be scams.
Technical Jargon: Emails filled with complex technical language designed to sound legitimate.
Urgent Requests: Communications urging you to act immediately or within a limited timeframe are often fraudulent.
Stay alert and scrutinise any unexpected messages, even if they appear official.
Artificial Intelligence (AI) is transforming industries by improving efficiency and decision-making. However, cybercriminals are also harnessing AI to create more sophisticated and targeted cyber
For many growing businesses, having access to board-level IT leadership can make the difference between simply maintaining systems and using technology as a driver
In sectors where client trust is everything legal, accountancy, financial services the cost of a cyber breach goes far beyond lost data. It strikes
In today’s rapidly evolving business landscape, relying solely on reactive IT support can hinder your organisation’s growth and resilience. Without a strategic IT roadmap,
How 4th Platform (Powered by Gamma) keeps your business ahead with Cloud Communications. The UK’s analogue phone network is being switched off in 2027, and
Why getting your cloud setup right the first time matters more than you think. Cloud services have revolutionised how modern businesses operate offering flexibility,
Despite increased awareness of cyber threats across the legal sector, law firms continue to be prime targets for cybercriminals. These attacks are no longer
In today’s fast-paced business environment, technology is the backbone of productivity. When IT systems run smoothly, employees can focus on their tasks without unnecessary
When we think about cybersecurity threats, external hackers and cybercriminals often come to mind. However, some of the most significant risks come from within
In an era where financial fraud is on the rise, UK businesses are increasingly finding themselves targeted by cybercriminals deploying sophisticated scams. The financial
