Ticketmaster Hit with Class Action Lawsuit After Major Data Breach Exposes 560 Million Customers
Ticketmaster is facing a class action lawsuit following reports of a massive data breach affecting 560 million customers. The breach, allegedly carried out by the hacker group ShinyHunters, compromised approximately 1.3 terabytes of sensitive customer information.
The stolen data reportedly includes:
- Names
- Addresses
- Purchase information
- Partial credit card details
Two Ticketmaster users filed the 40-page lawsuit in California federal court, alleging:
- Negligence
- Breach of fiduciary duty
- Failure to implement basic security procedures
Ticketmaster logo
The lawsuit proposes two classes:
- A nationwide class for all affected U.S. residents
- A California subclass claiming violations of state privacy laws
The hackers are reportedly offering the complete data set for $500,000. Affected customers now face:
- Increased risk of identity theft
- Significant time and money spent on protection measures
- Ongoing anxiety and fear of cybercrime
This incident adds to Live Nation's recent challenges, including:
- An ongoing Justice Department investigation
- A separate $5 billion consumer class action
- Recent Astroworld tragedy settlements
Despite these setbacks, Live Nation's stock (NYSE: LYV) remains relatively stable, trading at $93.45, up 17% from May 2023.
Gavel in courtroom
Hooded hacker in dark clothing
Hacker suspect arrested with computer money
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