Fraudsters Strike Gold: Ticket Scams Loom Over Olympics 2024

Olympic Ticketing Fraud
July 18, 2024 | Cybersecurity

By Ashwani Mishra, Editor-Technology, 63SATS

As excitement builds for the Paris 2024 Olympic Games, a darker reality is surfacing: a surge in ticket fraud that could leave fans out of pocket.

According to BBC, the family of UK swimmer Matt Richards (who secured Olympic gold at Tokyo 2020) fell victim to this growing menace, losing £2,500 on fake tickets for his anticipated competition. “We were completely duped,” lamented Matt’s mother Amanda Richards, highlighting the emotional and financial toll of such scams.


The Anatomy of a Scam

A recent investigation by threat intelligence provider QuoIntelligence uncovered a sprawling network of 708 fraudulent websites designed to exploit eager fans. Among these, domains like ‘ticket-paris24[.]com’ and ‘tickets-paris24[.]com’ appear deceptively legitimate, offering tickets and accommodations for the Summer Olympics. Primarily targeting Russian-speaking individuals, these scams capitalize on the intense demand surrounding the Games, to be held between 26 July to 11 August—a period ripe for exploitation.


The Bigger Picture

This ticket fraud scheme, dubbed “Ticket Heist,” by QuoIntelligence is symptomatic of a broader cybersecurity threat as the Olympics approach. The International Olympic Committee’s decision to ban Russian and Belarusian athletes from competing under their flags adds another layer of complexity.

There’s been a notable increase in hacktivist activity by pro-Russian groups such as LulzSec, noname057(16), Cyber Army Russia Reborn, Cyber Dragon, and Dragonforce, who have explicitly stated their intent to target the Olympics. This geopolitical backdrop raises the stakes, increasing the likelihood of cyberattacks and disruptions.

QuoIntelligence’s research emphasizes that both individuals and event organizers face significant risks from these fraudulent campaigns, including financial losses and reputational damage. The illicit ticket sales extend beyond the Olympics, reaching various high-profile events such as music festivals featuring globally recognized artists.


Behind the Scenes: Law Enforcement Takes Action

In response to this burgeoning issue, law enforcement has ramped up efforts to tackle online fraud. The Cyberspace Gendarmerie Command (COMCyberGEND) has identified 44 sites involved in illegal ticket resale and successfully closed 17, although many are hosted abroad. Interior Minister Gérald Darmanin recently joked about the challenges of securing the Olympic Games, underscoring the monumental task ahead as authorities work to protect fans from fraud.

As the world’s top athletes prepare to shine in Paris, fans must stay informed and cautious to ensure that their Olympic experience is memorable for all the right reasons.


And it’s not just the Olympics: Formula 1 and Super Bowl Scams Are Rising Too
Racing into Trouble: Formula 1 Fans Targeted by Cyber Scammers at Belgian Grand Prix

The organizers of the 2024 Belgian Grand Prix faced a cybersecurity breach after hackers infiltrated the official contact email, launching a phishing campaign targeting fans eager to attend the race at the Circuit de Spa-Francorchamps. The phishing attacks involved fake €50 gift vouchers sent to fans intending to purchase tickets. The Fédération Internationale de l’Automobile (FIA) discovered that a company called Foresea Ltd. was sending misleading emails offering hospitality packages for Formula 1 Grands Prix, using the FIA’s name and logo.


Super Bowl Counterfeit Ticket Scams: New Tactics Unveiled

Scammers have developed new tactics to trick fans into buying counterfeit Super Bowl tickets. They use image editing software to create fake tickets, leverage automation and AI to identify victims, avoid detection by using cross-platform operations, and offer massive discounts to entice quick purchases. Counterfeit ticket scams are a serious problem affecting many fans.