Corporate Espionage By Management Creates Risks For Executives And Board Members..

 

*Corporate, Industrial and Economic Espionage is a very real and evolving threat to your business and your intellectual property. Contact ComSec, we can help. ~JDL

Following the filing of a five-count criminal information against Ticketmaster, alleging conspiracy to commit computer intrusion, computer intrusion of a protected computer, computer intrusion in furtherance of fraud, wire fraud conspiracy, and wire fraud, the company has entered into a plea agreement with federal prosecutors in Brooklyn, New York to pay $10 million in fines to resolve those charges.

According to an acting U.S. Attorney, Ticketmaster employees repeatedly and illegally accessed a competitor's computers without authorization, using stolen passwords to unlawfully collect business intelligence.

The investigation found that an individual bad actor worked for Ticketmaster's competitor, Live Nation, in 2013 as a consultant. He was later hired full-time by Ticketmaster in 2014.

The consultant/employee kept access to usernames and passwords belonging to Live Nation and, between 2013 and 2015, used them without authorization to access Live Nation's systems while working for Ticketmaster.

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