Hackers Hit 1K StubHub Accounts, Bought Tickets
Online ticket reseller says it gave out refunds, arrests coming
By Jenn Gidman, Newser Staff
Posted Jul 23, 2014 12:48 PM CDT
Cyberthieves are suspected of breaking into more than 1,000 StubHub accounts.   (Shutterstock)

(Newser) – Last year, StubHub officials noticed a slew of unauthorized transactions, quietly refunded affected customers, and brought in law-enforcement officials. Authorities are today expected to make arrests involving a huge cyberfraud ring in which thieves hacked into more than 1,000 StubHub accounts, reports the AP. The StubHub site itself wasn’t hacked, according to a company spokesman: Instead, cyberthieves broke into other websites and pilfered customer data, then used passwords and login info to make fraudulent ticket purchases for events through StubHub.

Neither the company nor law enforcement has indicated the exact amount that was allegedly stolen or how many arrests are imminent, but the StubHub spokesman did note to Reuters that the scheme involved multiple countries. It was a "pretty intense network of cyber fraudsters working in concert with each other," he says. This news is likely to prove worrisome to consumers, who have already faced security breaches at Target, Neiman Marcus, and eBay itself. Manhattan's district attorney is expected to hold a news conference today with more details, says the AP.

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Showing 3 of 3 comments
CatNip
Jul 23, 2014 11:31 PM CDT
I wonder how much good could be accomplished in the medical field if hackers used their talents to make things better instead of worse...
baldpirate
Jul 23, 2014 2:07 PM CDT
Hackers Hit 1K StubHub Accounts, Bought Tickets All the tickets purchased were to Weird Al Yankovic and Panic! At the Disco
No-Left-Turn
Jul 23, 2014 1:49 PM CDT
Lucky me. I was listing two tickets on StubHub, and then thinking the charges were too high, deleted it and posted on Craigslist where they sold in 10 days. The nice thing about Craigslist is that if you don't get decapitated, no fees and you leave with cash in hand.