Archive for May, 2018

Ticketfly’s website is offline after a hacker got into its homepage and database

Following what it calls a “cyber incident,” the event ticket distributor Ticketfly took its homepage offline on Thursday morning. The company left this message on its website, which remains nonfunctional hours later: Following a series of recent issues with Ticketfly properties, we’ve determined that Ticketfly has been the target of a cyber incident. Out of an abundance of caution, we have taken all Ticketfly systems temporarily offline as we continue to look into the issue. We are working to bring our systems back online as soon as possible. Please check back later. For information on specific events please check the social media accounts of the presenting venues/promoters to learn more about availability/status of upcoming shows. In many cases, shows are still happening and tickets may be available at the door. Before Ticketfly regained control of its site, a hacker calling themselves IsHaKdZ hijacked it to display apparent database files along with a Guy Fawkes mask and an email contact. I sent an email yesterday reporting that the ticketfly website was hacked. All of the user data and site is completely downloadable. They need to come clean on the fact that your data was comprised and still is downloadable at this very moment! #ticketfly #cybercrime #wordpress pic.twitter.com/Ur0AsZpDij — Michael Villado (@mvillado) May 31, 2018 According to correspondence with Motherboard, the hacker apparently demanded a single bitcoin (worth $7,502, at the time of writing) to divulge the vulnerability that left Ticketfly open to attack. Motherboard reports that it was able to verify the validity of at least six sets of user data listed in the hacked files, which included names, addresses, email addresses and phone numbers of Ticketfly customers, as well as some employees. We’ll update this story as we learn more. Update: Ticketfly has added an FAQ page on the incident. The company notes that the event “resulted in the compromise of some client and customer information” and is conducting an investigation as it works to get its site back online.

Why SoftBank invested $2.25 billion in Cruise

Earlier today, General Motors’ Cruise received a $2.25 billion investment from SoftBank’s Vision Fund. Once that deal closes, GM will invest another $1.1 billion. SoftBank landed on Cruise because it’s one of “a handful that in our view have a meaningful opportunity in front of them,” SoftBank Vision Fund Managing Partner Michael Ronen told TechCrunch. Cruise’s integrated play of hardware and software attracted SoftBank, Ronen said, as well as the fact that Cruise’s spirit, creativity and energy “has not been diminished at all.” These investments are expected to enable Cruise to deploy commercially starting next year. But what’s most important about this investment to Cruise CEO Kyle Vogt, he told TechCrunch, is the fact that Cruise — which sold to GM for more than $1 billion in 2016 — now has stock and equity in the company again. That’s because “we’re in a war right now to attract the greatest minds in the world to work on this,” Vogt told me. And in order to keep those great minds on board and continue attracting new ones, Vogt said he wants to give them a chance to “participate in the value we create.” “From my standpoint, it’s like we’re a startup all over again,” he told me. Based on Cruise’s rate of improvement in self-driving testing, the company is still on track to commercialization next year, GM President Dan Ammann told TechCrunch. Regarding what that commercialization looks like has yet to be determined. While Cruise’s service will be a consumer-facing experience and network, “we remain open to other opportunities to partner with folks if and when that makes sense,” Ammann said. He added that partnering with SoftBank, which has invested in ride-hailing companies like Didi, Uber and Grab, brings an ecosystem and relationships along with it. TOKYO, JAPAN – MAY 10: SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on May 10, 2017 in Tokyo, Japan. SoftBank announced net profit for its fiscal year ending 31 March today reporting a record profit of 1.43 trillion yen ($12.5 billion). (Photo by Tomohiro Ohsumi/Getty Images) But before Cruise gets to commercialization, the company needs to be confident in its safety abilities — especially in light of the fatal crash in March involving one of Uber’s self-driving cars. “Our ultimate decision to go fully driverless will be gated by safety and whether we’re operating at a certain level of safety,” Ammann said. Ammann declined to comment on the specifics of its safety metrics and assessments, but said Cruise is engaged with regulators to make those types of assessment. “You should assume we have a very deep understanding of what that looks like and how we measure it, but we don’t want to share detail on that at this time,” Ammann said. SoftBank’s Ronen echoed GM’s Ammann comments about safety and commercial deployment, noting these are early days and it’s important to get the technology and safety right. Cruise and GM’s fourth generation steering wheel-free car “This is the […]