TLDR:
Key Points:
- Hackers stole data from Ticketmaster, affecting millions of customers globally.
- Cyber security experts believe the chances of prosecution are low.
Full Article:
Investigators have revealed how hackers allegedly stole Ticketmaster data, impacting millions of customers globally. The hacking group ShinyHunters claimed to have stolen data of 2 million Australians through Ticketmaster and threatened to sell it on the dark web.
An international hacking syndicate, known as ShinyHunters, has been responsible for stealing customer records in cyber attacks on various companies. Only one member, Sebastien Raoult, has been prosecuted so far for his involvement with the group.
ShinyHunters latest cyber attack on Ticketmaster included sensitive information like names, addresses, credit card numbers, phone numbers, and payment details. Google-owned security firm Mandiant detailed how the attack was carried out through compromised credentials.
Despite the arrest of one of the administrators of ShinyHunters, the chances of prosecution for the Ticketmaster hack remain low according to cyber security experts. Authorities have had some success in cybercrime prosecutions through operations like Nebulae and Hurricane, but arrests in such cases remain rare.
Dr. Nigel Phair from Monash University emphasized the need for better risk management by organizations, protection of personal information by individuals, and increased resources for law enforcement agencies to combat cybercrime effectively.
Overall, the situation highlights the challenges in prosecuting cyber criminals, especially those operating internationally, and the need for stronger cybersecurity measures and law enforcement efforts to address the rising rates of cybercrime.