23 Jul 2014
Cybercriminals breached 1,000 accounts of eBay’s StubHub , one of the largest online ticket marketplace for concerts, theater and sports, and made fraudulent ticket purchases, according reported the Associated Press via ABC News.
StubHub is one of the largest online ticket marketplace for concerts, theater and sports, owned by eBay Inc.
The San Francisco-based company's spokesman, Glenn Lehrman told the Associated Press "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."
Also, the company paid back the affected customers and contacted law enforcement, as they detected the fraud last year. An anonymous law enforcement official said the case is spread across international borders and arrests are expected.
Further details about the investigation were not provided by law enforcement or StubHub, as it's still "unclear whether the digital prowlers then exploited their access to scoop up more information from the compromised accounts."