In our previous , we explored how account fraud has emerged as a pressing concern - but what other threats do platforms and users face in an increasingly digital gaming landscape?
A significant cybersecurity risk that faces iGaming platforms is credential stuffing - using stolen account credentials to access accounts across multiple websites. These types of attacks pose significant challenges to the security and integrity of iGaming platforms, and while the industry continues to expand and online gaming becomes a more significant part of the global gaming market, it is crucial that companies take steps to protect their users.
According to Chris Blake, Director, and Principal Data Protection & Privacy Consultant, “online gaming platforms collect and store a significant amount of sensitive user data, including personal information and payment details. Ensuring robust cyber security measures is essential to protect this data from unauthorised access, theft, or exploitation. If you do not subject your gaming business to regular security testing, then your business is not deemed by regulators to be secure and compliant - no matter which other security controls you may have implemented.”
As a growing segment of the gaming industry, with the growth of iGaming comes an increased risk of cyber threats like credential stuffing. Here are some important aspects of these attacks to keep in mind to safeguard users, their assets, and your reputation.
Credential stuffing is a type of cyber attack where attackers use stolen usernames and passwords to gain unauthorised access to user accounts on online platforms. The attackers compile lists of credentials, obtained from data breaches or leaks, and then use automated tools to try these combinations on other websites or services. The Global Privacy Assembly’s International Enforcement Working Group (IEWG) has identified credential stuffing as a significant and growing cyber threat to personal information.
The goal of credential stuffing is to exploit the fact that many users reuse the same username and password across multiple accounts. By testing these stolen credentials on various websites, attackers can potentially gain access to a significant number of accounts, which they can then use for various malicious purposes ranging from identity theft and fraud to further data breaches.
In the context of iGaming, where users create accounts to participate in online gambling and betting activities, credential stuffing presents a significant threat as attackers systematically test stolen credentials against login pages of gaming platforms.
Credential stuffing in iGaming
Since iGaming platforms often require users to create accounts and input personal information, they become attractive potential targets for credential stuffing attacks. But what is it that makes iGaming platforms so vulnerable to credential stuffing?
While credential stuffing attacks can target a wide range of online services, iGaming platforms can be particularly vulnerable due to the financial incentives involved and the prevalence of reused credentials among users. Therefore, it's crucial for iGaming operators to implement robust security measures to protect against such attacks and safeguard their users' accounts and funds.
By identifying and addressing vulnerabilities that could be exploited by malicious actors, cybersecurity testing plays a crucial role in protecting iGaming platforms against credential stuffing attacks.
Regular security testing helps mitigate the risks in the following ways:
In the dynamic and evolving landscape of iGaming, safeguarding against credential stuffing attacks is paramount to maintaining the safety, trust and confidence of players. Through proactive security testing methodologies, operators are able to identify and address vulnerabilities before they can be exploited.
By investing in robust security measures and adopting a proactive approach to cybersecurity, gaming platforms can mitigate the risks associated with credential stuffing, protect user accounts and sensitive data, and uphold the integrity of their operations in an increasingly digital world.
Visit our iGaming page for more information on what we can do to help your business stay secure and compliant.
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