Cyber criminals pointing at online gaming as the next big pay
By MYBRANDBOOK
According to a security company, nearly one million compromised accounts providing internal access to video game companies are up for sale on dark web forums as cyber criminals increasingly turn towards the online-gaming industry as a high-value target.
Cybersecurity company Kela examined underground forums and found an ecosystem based around buying and selling initial network access to gaming companies, as well as almost one million compromised accounts of gaming employees and clients up for sale – with half of those being listed in 2020 alone.
Compromised credentials up for sale – often only for just a few dollars – include usernames and passwords for all manner of business resources used by employees throughout gaming companies, including admin panels, VPNs, developer environments, client facing resources and more.
But in some cases, cyber criminals don't even need to scour underground forums for adverts selling compromised accounts – researchers say there are 500,000 leaked credentials available for free as a result of previous data breaches.
These include what the company described as "high-profile email addresses such as senior employees and email addresses that are generally a significant channel in the company" including finance, HR and IT support.
With this sort of information in their hands, cyber attackers could gain access to the wider network – or even the networks of other businesses that form part of the compromised target's supply chain.
These could be attacks designed to harvest additional credentials for additional exploitation or it's even possible that the compromised credentials could be used to deploy ransomware on the network.
Online gaming can be a lucrative business and cyber criminals know this which is why there's been an increase in underground activity looking to target these businesses, with users either selling or asking for access to online-gaming companies around the world to varying degrees.
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
ICONS OF INDIA : RAJIV MEMANI
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
Icons Of India : GAUTAM ADANI CHAIRMAN ADANI GROUP
Gautam Adani is the Founder and Chairman of the Adani Group, which ran...
Icons Of India : Debjani Ghosh
Debjani Ghosh is the President of the National Association of Software...
ECIL - Electronics Corporation of India Limited
ECIL is distinguished by its diverse technological capabilities and it...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
CERT-IN - Indian Computer Emergency Response Team
CERT-In is a national nodal agency for responding to computer security...
Indian Tech Talent Excelling The Tech World - Sundar Pichai, CEO- Alphabet Inc.
Sundar Pichai, the CEO of Google and its parent company Alphabet Inc.,...
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...
Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies
Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...