On a phone or on a computer, E-sport or gambling, on the metaverse or through an augmented reality device, whatever you prefer to entertain yourself, the online gaming industry has it. Actually, there are so many options in development that the global online gaming’s worth is in constant growth, and should reach $300B dollars by 2027. A massive market.
But behind the screen there is a much darker reality, with 2.8 billion users around the world, gaming platforms are a real gold mine for bad actors. Gaming platforms and users are the target of scammers for several reasons. These companies hold millions of users’ payment credentials around the world. One scam would give access to millions of confidential information and make you lose millions of dollars. Up to 61% of gamers reuse passwords across gaming accounts, a mistake that makes them vulnerable to hacks.
One breach against your brand or your customers could even be the end of your company. On top of losing revenues, your reputation would be negatively impacted, and your customers might turn to your competitors. In many cases the brand is legally liable for its affiliates’ publications and posts, and that can result in heavy fines and in some cases even worse than that. Protect your company and customers now, and avoid worst-case scenarios.
Phishing gaming sites
When phishing, the scammer will send fake links to gamers to impersonate your brand, they ask for confirmation of personal credentials and password. If the player clicks the link, a false sign-in screen asks them for their password and username, which is how the scammer obtains the account information. Then, he will be able to sell this information for profit or use it himself to get payment details and steal funds from the player’s bank account.
Social media brand impersonation
It is common for gaming brands and their CEOs to be impersonated on social media platforms. The realism of these profiles often confuses players who are more inclined to open their messages and click on links in them. These link destinations are often fake and are meant to scam the players and steal their money.
Coupons and bonuses are common in games, players can improve their games and it attracts new customers. Unfortunately, scammers create false ones and take advantage of the player’s trust to use their credit cards, create fake accounts, and hack existing accounts.
These graphics downloads that are bought to change the appearance of an online character can be worth a lot of money if they are rare. In some cases, scammers will advertise fake skins to “fool” players and steal their money.
Rogue app update
The scammer will share a fake update concerning the game (such as new design or new features) among players with a bogus link.
Gaming currency scams
Hackers create links to get free in-game currency, when the player clicks on the link, the malware targets their Bitcoin or online wallet and steals from them.