Cybersecurity
Ticketmaster to Pay $10 Million to End U.S. Hacking Probe
- Concert Giant Allegedly Hacked Competitor’s System to Get Data
- Ticketmaster must stay clean for three years to avoid charges
Photographer: Paul Sakuma/AP Photo
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Ticketmaster LLC agreed to pay $10 million to settle U.S. allegations that it hacked a competitor’s computer system to get information about its business.
Federal prosecutors accused the company Wednesday of wire fraud, computer intrusion and other crimes dating back to 2013. Prosecutors agreed to dismiss the charges in three years if Ticketmaster stays out of trouble as part of a deferred prosecution deal.