Ticketmaster has been fined $10 million (£7.3 million) after senior staff used stolen credentials to illegally access an industry rival’s password-protected platform as part of a scheme to “choke off” the competition.

The fine has been levied by the US Department of Justice following years of legal proceedings, with Ticketmaster having been charged with several counts of computer intrusion and fraud with regards to breaching the systems of its competitor, Crowdsurge.

READ MORE: https://www.itpro.co.uk/security/data-breaches/358221/hackers-breach-t-mobile-customer-records