Industry News: ESG5

The Target: Ticketmaster, the world’s leading online ticketing platform owned by Live Nation.

The Take: The stolen data trove reportedly includes names, addresses, phone numbers, and partial credit card information.

The Vector: While the specific circumstances of the breaches—including exactly what information was stolen and how it was accessed—remain unclear, the incidents may be linked to attacks against company accounts with cloud hosting provider Snowflake.

This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

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