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Live Nation took 11 days to confirm the massive Ticketmaster data breach
Friday night is the best time to admit you’ve been hacked.
Now, Ticketmaster parent Live Nation — the company that upset an army of Taylor Swift fans and is facing a federal antitrust lawsuit — publicly acknowledged a data breach in a regulatory filing late Friday evening. The only official statement we’ve seen until now has been from the Australian Department of Home Affairs, which confirmed it was working with the company to understand a cybersecurity incident. However, Live Nation investors can perhaps feel comforted by executives saying they don’t believe this breach will have a material impact on its overall business, which makes sense if you believe the Department of Justice’s monopoly allegations.
Or read this on The Verge