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Ticketmaster Fined $10 Million for Hacking Competitor

Ticketmaster agrees to pay a $10 million criminal fine to resolve charges that the company illegally accessed an unnamed competitor’s computer system on at least 20 separate occasions. The deal resolves a five-count criminal indictment filed Wednesday. Ticketmaster employees repeatedly used stolen login credentials to access the competitor’s system. The passwords were obtained from an unnamed co-conspirator who worked for the victim company from May 2010 to August 2012. The victim company was based in the U.K. with its U.S. headquarters located in Brooklyn, N.Y.”]

Source: https://www.fraudtoday.io/ticketmaster-fined-10-million-for-hacking-competitor-a-15683

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