StubHub the Victim of Cyber Fraud

StubHub the Victim of Cyber Fraud

StubHub the Victim of Cyber FraudStubHub, the online ticket resale service, was the victim of a massive international cyber fraud ring they announced today. Glenn Lehrman, head of global communications for the company, announced that they have been working with law enforcement around the world for the last year on the case.

Lehrman did not say how much money was involved or how many people were being charged in the case because authorities plan to announce arrests and numbers later today.

Hackers obtained user information from other sites and then used that information to log into StubHub, according to Lehrman.

“We did not have anyone who hacked into our system,” said Lehrman.

He also went on to say that a “pretty intense network of cyber fraudsters” was working together.

StubHub is owned by EBay Inc.

About the Author

Matt Holden is an Associate Content Editor for 1105 Media, Inc. He received his MFA and BA in journalism from Ball State University in Muncie, Indiana. He currently writes and edits for Occupational Health & Safety magazine, and Security Today.

Featured

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.