Ticketmaster Hit by Massive Data Breach Affecting 560 Million Users, Faces Class Action Lawsuit
A class action complaint has been filed against Ticketmaster following a significant data breach that reportedly exposed the personal information of 560 million customers. The breach, attributed to a hacker group called ShinyHunters, allegedly resulted in the theft of 1.3 terabytes of sensitive customer data.
The stolen information reportedly includes:
- Names
- Addresses
- Purchase information
- Credit card details
ShinyHunters is reportedly offering the complete data set for $500,000.
Ticketmaster logo
The lawsuit alleges that Ticketmaster:
- Failed to implement basic security procedures
- Demonstrated negligence
- Breached fiduciary duty
The complaint establishes two proposed classes:
- A nationwide class for all affected U.S. residents
- A California subclass for state residents, citing violations of:
- California Consumer Privacy Act
- Consumer Legal Remedies Act
- Unfair Competition Law
The breach adds to Live Nation's existing challenges, including:
- An ongoing Justice Department investigation seeking to split up Live Nation and Ticketmaster
- A separate $5 billion consumer class action
Despite these setbacks, Live Nation's stock (NYSE: LYV) remains relatively stable, trading at $93.45, representing a 17% increase from May 2023.
Gavel in courtroom
Hooded hacker in dark clothing
Hacker suspect arrested with computer money
Related Articles
TikTok Ban Deadline Looms as Trump Hints at Possible Intervention
