Last night, Online ticket reseller Stubhub revealed cyberthieves were able to hack into over 1,000 customer accounts and make illegal purchases.
The company’s announcement comes after a year-long investigation into a string of attacks on its customers — leaving us wondering why we’re only hearing about it now.
Parent company eBay has had its own issues with cyber attacks. In May, eBay revealed that a sensitive database with personal information about its 145 million users had been breached. The company was subsequently subjected to a series of investigations in the U.K. and the U.S.
However, Stubhub says that its servers were not broken into. Rather, hackers were able to secure customers’ personal information through other attacks. Meaning, customers’ computers may have been infected with some type of key logging malware.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
As of yet there’s no mention of how much money was involved in these attacks. However, Stubhub says it refunded affected customers and helped them to change their passwords, according to the Associated Press.
A Stubhub spokesman says the company has been working with law enforcement all over the world the past year to bring an “intense network of cyber fraudsters” to justice, according to the BBC.
The Manhattan District Attorney’s office is supposed to give more details about the attack later today.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More