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Ticketmaster has agreed 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, using stolen passwords to conduct a cyber espionage operation.
Ticketmaster employees repeatedly used stolen login credentials to access the competitor s computer system to collect business intelligence from 2013 to 2015, says Acting U.S. Attorney Seth DuCharme for the Eastern District of New York. The deal resolves a five-count criminal indictment filed Wednesday charging Ticketmaster with computer intrusion and fraud offenses.
Further, Ticketmaster s employees brazenly held a division-wide summit at which the stolen passwords were used to access the victim company s computers as if that were an appropriate business tactic, DuCharme says. ....

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