News

Fraudsters Hack StubHub Accounts

Online ticket reseller StubHub announced on Tuesday that more than 1,000 customer accounts had been hacked, and that the criminals had been able to buy tickets and events through the site. The case happened during increasing concern about data thieves targeting retailers and other consumer hotspots, according to the Associated Press.

The news source reported that Manhattan District Attorney Cyrus R. Vance Jr. was expected to hold a news conference Wednesday with London and Royal Canadian Mounted Police officials. A Vance spokeswoman declined to comment Tuesday night on the case.

StubHub reported that the thieves didn’t break through company security, but instead gained account-holders’ login and password information from data breaches at other websites and retailers, spokesman Glenn Lehrman said, according to the AP. Lehrman added that key-loggers or other malware on the customers’ computers was another possibility.

A law enforcement official who wished to remain anonymous, told the AP that the case spread across international borders – StubHub is based in San Francisco. According to the company, the unauthorized transactions were detected last year and authorities were contacted. Affected customers were also refunds and assistance in changing their passwords.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

——————————–

Latest Insights: 

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. Check out our April 2019 Unattended Retail Report. 

Click to comment

TRENDING RIGHT NOW

To Top