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By Zeba Siddiqui
SAN FRANCISCO (Reuters) – Reside Nation Leisure (NYSE:) mentioned on Friday it was investigating a knowledge breach at its Ticketmaster unit that it found on Might 20, the newest in a string of high-profile company hacks previously yr.
In a submitting with the U.S. Securities and Change Fee, Reside Nation mentioned it discovered “unauthorized exercise” in a third-party cloud database that primarily contained Ticketmaster knowledge, and was working with forensic investigators.
Final week a little-known cybercrime group named ShinyHunters mentioned it had stolen person knowledge of over 500 million Ticketmaster prospects, in accordance with varied media studies.
Reside Nation didn’t point out ShinyHunters in its SEC submitting.
The corporate didn’t reply instantly to a Reuters request for remark.
The breach comes because the live performance promoter has been battling regulatory scrutiny over antitrust issues. Reside Nation was hit final week with the primary in a possible a wave of shopper antitrust lawsuits after the U.S. authorities and states sued to interrupt up the agency, arguing that together with its Ticketmaster unit, the corporate was illegally inflating live performance ticket costs.
Reside Nation in its submitting mentioned that on Might 27, “a prison risk actor provided what it alleged to be firm person knowledge on the market through the darkish internet.”
“We’re working to mitigate threat to our customers and the Firm, and have notified and are cooperating with regulation enforcement,” the corporate mentioned. “As applicable, we’re additionally notifying regulatory authorities and customers with respect to unauthorized entry to private data.”
The breach hasn’t had and is unlikely to have a cloth impression on Reside Nation’s enterprise or financials, the corporate mentioned.
“We proceed to judge the dangers and our remediation efforts are ongoing,” Reside Nation mentioned.
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