Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Cybersecurity
    • Cybersecurity

    eBay StubHub Hack Leads to Arrests

    By
    Sean Michael Kerner
    -
    July 23, 2014
    Share
    Facebook
    Twitter
    Linkedin
      StubHub cybercrime

      Authorities in the United States, the United Kingdom and Canada have made arrests of six individuals who are alleged to have breached accounts at eBay’s ticket reseller StubHub.

      The breach was first discovered by StubHub in March 2013. StubHub identified that more than 1,600 of its user accounts had been compromised and that account holders’ credit cards were used to fraudulently purchase tickets for various events, including a Justin Timberlake concert and New York Yankees baseball games.

      The attackers moved money and operated in the United States, the United Kingdom, Russia and Canada. One of the alleged attackers, Vadim Polyakov, was arrested in Spain by U.S. Secret Service agents working with Spanish authorities. The other defendants are New York resident Daniel Petryszyn, New Jersey residents Laurence Brinkmeyer and Bryan Caputo, and Russians Nokolay Matveychuk and Sergei Kirin. Charges against the defendants include identity theft, money laundering and grand larceny.

      “Cybercriminals know no boundaries—they do not respect international borders or laws,” Manhattan District Attorney Cyrus R. Vance Jr. said in a statement. “Today’s arrests and indictment connect a global network of hackers, identity thieves, and money-launderers who victimized countless individuals in New York and elsewhere.”

      Vance added that the coordinated actions of law enforcement in the United States, the United Kingdom and Canada demonstrate what can be achieved through international cooperation.

      In a statement, StubHub stressed that its financial systems were not breached and the user accounts were taken over via other means.

      “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,” StubHub stated.

      The StubHub incident and arrest is seen by at least one security expert as yet another sign of the trouble with the current usage of passwords. Phil Dunkelberger, CEO of Nok Nok Labs, noted in an email to eWEEK that the fraudulent purchases made on StubHub using stolen usernames and passwords are just the latest example of one of the key problems in online security—password reuse.

      “When someone reuses a password across multiple sites, it is only as strong as the weakest link,” Dunkelberger said. “By using the same password to access your local pizza delivery account as you use to access your bank account, or in this case your StubHub account, you can have serious implications for financial or other sensitive data.”

      The risk of password reuse was also highlighted by Eric Cowperthwaite, vice president of Advanced Security and Strategy at Core Security. The fact that many individuals reuse the same passwords across multiple sites makes it easier for attackers to exploit those users.

      “People need to protect themselves and the companies they do business with by using unique, complex passwords on each system,” Cowperthwaite stated. “It’s especially important to make sure email and financial account passwords are different.”

      Sean Michael Kerner is a senior editor at eWEEK and InternetNews.com. Follow him on Twitter @TechJournalist.

      Sean Michael Kerner
      Sean Michael Kerner is an Internet consultant, strategist, and contributor to several leading IT business web sites.

      MOST POPULAR ARTICLES

      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Big Data and Analytics

      GoodData CEO Roman Stanek on Business Intelligence...

      James Maguire - May 4, 2022 0
      I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
      Read more
      Applications

      Cisco’s Thimaya Subaiya on Customer Experience in...

      James Maguire - May 10, 2022 0
      I spoke with Thimaya Subaiya, SVP and GM of Global Customer Experience at Cisco, about the factors that create good customer experience – and...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×