Ticketmaster fined $10 million in corporate espionage scheme

The Department of Justice announced Wednesday Ticketmaster would pay a $10 million fine as part of a differed prosecution agreement for using an employee’s login credentials to his former employer’s computer systems to garner information on the competitor.

Zeeshan Zaidi, the former head of artist services at Ticketmaster, pled guilty to conspiring to commit computer intrusions and wire fraud in October 2019.

Ticketmaster, a subsidiary of LiveNation, is a leading provider of live event ticket sales. Much of its business comes from exclusive deals with major artists for the presale of concert tickets.

Please register to continue.

Already registered? Log in.

Once you register, you’ll receive:

  • News analysis

    The context and insight you need to stay abreast of the most important developments in cybersecurity. CISO and practitioner perspectives; strategy and tactics; solutions and innovation; policy and regulation.

  • Archives

    Unlimited access to nearly 20 years of SC Media industry analysis and news-you-can-use.

  • Daily Newswire

    SC Media’s essential morning briefing for cybersecurity professionals.

  • Learning Express

    One-click access to our extensive program of virtual events, with convenient calendar reminders and ability to earn CISSP credits.

Next post in Data Breach

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Login to your account below

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.