TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

1,600 StubHub accounts breached, N.Y. official says

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Thursday, July 24, 2014, 12:01 a.m.
 

Six people were indicted on Wednesday in an international ring that managed to take over more than 1,000 StubHub users' accounts and fraudulently buy tickets to prime events such as Jay-Z and Elton John concerts, a New York Yankees-Boston Red Sox game and Broadway shows, the Manhattan district attorney said.

District Attorney Cyrus R. Vance Jr. said the thieves would then resell the tickets and split the proceeds.

He said investigators pored over more than 1,600 compromised accounts to trace the accused thieves via IP addresses, PayPal accounts, bank accounts and other financial accounts around the world.

The total stolen, in ticket value, was at least $1.6 million, he said.

In addition to the six people indicted in the New York City case, four others have been arrested internationally: three in London and one in Toronto, under charges in their respective countries, Vance said.

StubHub said it was alerted to “a small number of accounts that had been illegally taken over by fraudsters” last year and the online ticket seller began working with authorities around the world.

StubHub, which is based in San Francisco, said that the thieves didn't break through its security — rather, they got account-holders' login and password information from data breaches at other websites and retailers or from key-loggers or other malware on the customers' computers, spokesman Glenn Lehrman said.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. Look for 1st rate hike this year, Yellen says
  2. 5 battles the ’16 Camaro needs to win
  3. Truck ducts keep blowing out hot air
  4. Low price sparks sales run
  5. Developer hopes to make Allegheny Center a tech hub
  6. Home sales slipped in April on tight supply, high prices
  7. Murray, Alpha notify West Virginia coal miners of layoffs
  8. Consumer prices rose in April for 3rd straight month
  9. Pa. sees widespread job gains; jobless rate holds at 5.3%