March 1, 2010, 4:07PM

A ring of ticket brokers has been indicted in connection to an elaborate hacking scheme that used bots and other fraudulent means to purchase more than 1 million tickets for concerts, sporting events and other events. The defendants made more than $25 million in profits from the resale of the tickets between 2002 and 2009. Read the full article. [Wired]

Comments

Submitted by Anonymous (not verified) on Tue, 03/02/2010 - 2:59am.

all the steps in the world can never completely eradicate this problem as long there are an abundant supply of bad codes from hastily-made products. take for instance the bunch of live NASA server exploits listed at pinoysecurity. the list just goes on...