Two years ago, the company Ticketmaster suffered infringement of its data, resulting in now paying the consequences, as the British ICO imposed fine of $ 1.65 million to the company for the aforementioned breach.
The Ticketmaster breach incident
Initially, the exact number of customers affected during the event remained unclear. The service also tried to throw the blame on widget supported by Inbenta Technologies.
However, Inbenta clearly explained the issue, revealing it error security at Ticketmaster. At the same time, Monzo Bank also revealed that it had already informed Ticketmaster about the same matter two months before the official revelation of the breach.
The ICO imposes a fine on Ticketmaster
As more inquiries into the incident were conducted at Ticketmaster, it became clear that the company would have to pay a fine in accordance with data security rules (GDPR). This looks set to happen after the UK ICO fined the company 1,25, 1,65 million ($ 9,4 million). According to the details that have been released, the breach has affected 1,5 million customers across Europe, with XNUMX million belonging to the United Kingdom alone. Therefore, the fine has been imposed in accordance with the EU GPDR (as the infringement occurred before the Brexit).
However, the fine that Ticketmaster is now required to pay is not the highest possible for such cases, as the ICO has taken into account the current financial situation due to the pandemic COVID-19, with the company "falling into the soft".
According to the Deputy Commissioner, James Dipple-Johnstone, this fine will also be a lesson for other organizations. It will make them aware of the importance of their customers' data security and will make them pay more attention to safety of their systems.