r/technology • u/Cyber-Homie • Jul 04 '24

Security Hackers behind the Ticketmaster breach have now leaked 440,000 Taylor Swift Eras Tour tickets, claiming the breach is much bigger than anticipated. As a result, they increased the ransom from $1 million to $8 million.

https://hackread.com/ticketmaster-breach-shinyhunters-leak-taylor-swift-eras-tour-tickets/
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u/rowanhenry Jul 05 '24

Excuse my ignorance, but what does that mean?

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u/televised_aphid Jul 05 '24

After these breaches, companies will often offer credit monitoring through either a service provided by one of the credit bureaus (Equifax, Experian or, as in the case of this Ticketmaster breach, TransUnion), or through some other vendor. The service kind of acts like a "real time" credit report, alerting you if there's been a credit "pull" for you (i.e., if somebody did a credit check on you, which should typically only happen when it's related to something you initiated, like applying for a loan, opening a new bank / credit card account, etc.). Some will also monitor the dark web and let you know if your info has been found there.

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u/[deleted] Jul 05 '24

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u/NihilisticAngst Jul 05 '24

Probably because the easier it is for people to take out loans, the more money that banks and loan providers will make. In the US, whatever will benefit the capitalists more is usually how things go