As reported by Ars Technica, Ticketmaster has agreed to pay a $10 million criminal fine after admitting its employees repeatedly used stolen passwords and other means to hack a rival ticket sales company.
In the settlement, Ticketmaster admitted that an employee who used to work for a rival company emailed the login credentials for multiple accounts the rival used to manage presale ticket sales. At a San Francisco meeting attended by at least 14 employees of Ticketmaster or its parent company Live Nation, the employee used one set of credentials to log in to an account to demonstrate how it worked.
