Officials: More than 1,600 StubHub Users Affected in International Cybercrime Scheme

iStock/Thinkstock(NEW YORK) — Six people have been indicted for their roles in an international crime ring involving online ticket-reseller StubHub, officials announced Wednesday.

In a scheme spanning from Russia to New York, cyber thieves allegedly stole StubHub login credentials for more than 1,600 accounts by hacking into other websites or using malware.

The individiauls accessed credit card information to log into the website and stole more than $1 million in tickets, including those to Justin Timberlake and Jay Z concerts, Broadway shows, and sports events. Victims’ data were used to make fraudulent e-ticket purchases, according to Manhattan District Attorney Cyrus Vance Jr., and the proceeds were transferred through a “global network of accomplices” in the United States, United Kingdom, Russia, and Canada.

“Cybercriminals know no boundaries – they do not respect international borders or laws,” Vance said in a statement. “…Regardless of where the case originates, nearly every cybercrime case begins with similar breaches: a stolen password, unauthorized use of a credit card, or unaccountable charges on a personal statement, for example. In this case, StubHub discovered evidence of fraud and immediately reported it to law enforcement.”

While StubHub reported the incident and implemented security measures, hackers were still able to work around such protocols. An investigation tracked the exchanges to IP addresses, PayPal accounts, and bank accounts used by the indicted individuals.

The six defendants face charges of money laundering, grand larceny, and identity theft, among others.

 

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