Live Nation has confirmed investigating a significant data breach at Ticketmaster affecting 560 million customers, with hackers offering stolen information for sale on the dark web for $500,000.

The breach was discovered in a third-party cloud database environment, as disclosed in a May 20 securities filing. Hacker group ShinyHunters claims to have obtained 1.3 terabytes of user data, including:

• Names
• Addresses
• Phone numbers
• Hashed credit card information
• Order details

While passwords weren't compromised, users are advised to change them as a precaution. Live Nation has notified law enforcement and is working to protect users, though they claim there's no "material impact" on business operations.

This incident comes amid broader challenges for Live Nation, including:

• A pending class action lawsuit over the breach
• A DOJ antitrust lawsuit seeking to break up the Live Nation-Ticketmaster partnership
• Allegations of monopolistic practices in the live ticket business

The Justice Department notes that ShinyHunters has previously compromised over 60 companies worldwide since 2020, affecting millions of customer records across various industries.

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