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also need to beat bots that can use many more resources than you can. Yes, those tickets can be later
            purchased  on  resale  sites,  but  for  significantly  more  money.  This  substantially  reduces  customer
            satisfaction while damaging the reputation of the ticket agents and ticket sales companies. This is why
            ensuring they sell tickets to their fans and not to bots needs to become their priority.


            The move in the right direction has already started with the Better Online Ticket Sales (BOTS) Act, which
            President  Barack  Obama  signed  in  December  of  2016.  This  act  bans  the  use  of  ticket  bots  for
            circumventing ticket purchase limits and bypassing venues' ticketing rules and makes it a federal offense.
            It also set a fine of $16,000 for reselling the tickets that were acquired through ticket bot software. Europe
            followed a few years later when the European Union Parliament voted to ban ticket bots in April of 2019.

            Fraudsters even go as far as selling unexisting tickets by using bots to impersonate legitimate people on
            Facebook or other social media. They use these legitimate looking profiles to try to persuade innocent
            victims to purchase the tickets from them. They often use a sob story as the reason they are no longer
            able to attend the event, making you more likely to accept their terms

            While this legislation is a step in the right direction in bringing the danger of bots to the public eye, there
            is still much to do to prevent malicious actors from exploiting the systems and making a real difference.



            Conclusion


            As events are finally getting back on track, the importance of dealing with ticketing bots has never been
            as crucial. Utilize all the tools at your disposal to ensure your events are open to real fans and not to the
            malicious bots that wish to exploit you and your business.



            About the Author

            PJ has over a decade of experience in Fraud Prevention and a strong
            understanding  of  Mitigating  Fraud  across  the  full  spectrum  of  use
            cases. Currently, PJ is the Head of Fraud Strategy & Education at
            SEON. He speaks, engages, and educates folks on relevant fraud
            trends and strategies, while continuously learning from the industry
            and empowering fraud fighters across the globe. PJ also co-founded
            About-Fraud, a Global Community for Fraud Fighters. About-Fraud
            was built for Fraud Fighters, by Fraud Fighters and offers a one-stop
            shop for educational resources to folks who work in fraud prevention.
            PJ exudes passion and vibrancy that engages others while offering
            a refreshing dose of emotional intelligence.


            https://seon.io/

            https://www.linkedin.com/in/pjrohall/






            Cyber Defense eMagazine – January 2023 Edition                                                                                                                                                                                                       123
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