Live Nation Entertainment, also known as Ticketmaster, has submitted an official Form 8-K with the U.S. Securities and Exchange Commission (SEC), acknowledging and confirming that the recently rumored data breach is real. In the filing (which can be seen here), Ticketmaster says that on May 20, 2024, Live Nation Entertainment, Inc. discovered unauthorized activity within a third-party cloud database environment that

Quote: “To put it bluntly, a single credential resulted in the exfiltration of potentially hundreds of companies that stored their data using Snowflake, with the threat actor himself suggesting 400 companies are impacted. The goal of the threat actor, as in most cases, was to blackmail Snowflake into buying their own data back for $20,000,000.”

  • db2@lemmy.worldEnglish
    24·
    6 months ago

    SEC? The fuck does the inept supposed watchdog of the us stock market have to do with what is clearly the purview of federal and possibly international law enforcement?