Menu
Arrests made after international cyber-ring targets StubHub

Arrests made after international cyber-ring targets StubHub

StubHub accounts were compromised and used to buy tickets for popular events, which were then resold

Six people have been indicted on charges of running an international ring that resold tickets bought through compromised StubHub accounts for some of New York's biggest concerts and sporting events.

Four others were arrested in connection with the case, but authorities have not said if they have been charged. The six who were indicted, who have also been arrested, face charges of money laundering, grand larceny and criminal possession of stolen property, said the Manhattan District Attorney's Office, which announced the indictments Tuesday, hours after search warrants were executed at suspects' homes. Suspects were arrested or indicted in the U.S., Canada and Europe.

StubHub discovered in March 2013 that around 1,000 accounts had been compromised by individuals who used credit card information stored in the accounts to purchase electronic tickets for major events, according to authorities who were involved in the arrests. Within hours of those purchases, the tickets were distributed to a group of people in New York state and New Jersey and resold.

When it discovered the problem StubHub attempted to prevent the intrusions, but the attackers were able to circumvent those new security measures by using credit card information stolen from additional victims, according to authorities.

In all, roughly 1,600 accounts were illegally accessed and more than 3,500 tickets were purchased to events including concerts by Elton John, Marc Anthony, Justin Timberlake and Jay-Z; sporting events of the New York Yankees, Giants, Jets, Knicks, (Brooklyn) Nets and Rangers; the U.S. Open golf tournament; and Broadway shows.

StubHub confirmed the incident and said the accounts were not compromised as a result of an attack on its systems.

"Legitimate customer accounts were accessed by cyber criminals who had obtained the customers' valid login and password either through data breaches of other businesses, or through the use of key-loggers and/or other malware on the customers' PC," it said in a statement.

The accused head of the ring, Russian national Vadim Polyakov, was arrested by police in Spain while he was on vacation and faces extradition to the U.S. Polyakov and a second person, Nikolay Matveychuk, are accused of accessing the StubHub accounts.

Three additional people are accused of selling the tickets and a sixth man was indicted on money laundering charges. City of London Police in the U.K. arrested three additional people and there was an arrest in Canada too, but the Manhattan DA's office did not say that those individuals have been charged.

StubHub was acquired by eBay in 2007.

Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com

Subscribe here for up-to-date channel news

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags online safetysecuritydata breachebaylegalAccess control and authenticationStubHubcybercrimeCriminal

Featured

Slideshows

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

Revealed at a glitzy bash in Sydney at the Ivy Penthouse, the first StorageCraft Partner Awards locally saw the vendor honour its top-performing partners with ASI Solutions, SMBiT Pro, Webroot, ACA Pacific and Soft Solutions New Zealand taking home the top awards. Photos by Maria Stefina.

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards
Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

​Synnex and Lenovo hosted 18 resellers for an action-packed weekend adventure in RotoVegas, taking in white water rafting on the Kaituna River, as well as quad biking and dinner at Stratosfare​, overlooking Lake Rotorua at the top of Mount Ngongotaha​. Photos by Synnex.

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip
Show Comments