Ticketmaster to Pay S10 Million for Using Stolen Credentials

Ticketmaster to Pay S10 Million for Using Stolen Credentials in Attempt to "Choke Off" Rival


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December 31, 2020
Yesterday, the Department of Justice announced that the event and concert ticket distributor and seller Ticketmaster will pay a $10 million criminal fine for unlawfully accessing a competitor’s computer system. According to the press release, the penalty is a component of a deferred prosecution agreement Ticketmaster and the United States Attorney’s Office entered into to resolve a five-count criminal information filed on Dec. 30 charging Ticketmaster with computer intrusion and fraud offenses. 
According to this week’s announcement, the “victim company” offered artists the ability to sell presale tickets online and offered a feature known as the “Artist Toolbox,” a password-protected app that provided real-time data about tickets sold through the company. In 2013, an unnamed former employee of the victim company began to work for Live Nation Entertainment, Inc., Ticketmaster’s parent company, and reportedly took proprietary information with them. 

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