MoviePass confirmed a security issue may have exposed customers' records
In a statement, MoviePass said a security lapse was recently discovered and its system was immediately secured. Reports of the data breach first surfaced Tuesday. The breach is believed to affect tens of thousands of customers, according to TechCrunch, which first reported the news. But MoviePass did not confirm the number, stating it is still investigating the scope and will notify affected customers eventually.
Customers pay a monthly subscription fee to watch a maximum of one movie a day. MoviePass loads the full cost of a movie onto their card and the cash balance can then be used to pay for movies at theaters.Read MoreIn 2017, MoviePass changed its business model to offer a plan with a monthly price of $9.95, which entitled customers to watch one movie a day. It surged in popularity, but it was forced to briefly stop running when it ran out of money.
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