State of the Internet report shows gaming companies and gamer accounts at risk, following a surge in web application attacks post pandemic
CAMBRIDGE, Mass., Aug. 4, 2022 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet report showing that web application attacks on the gaming industry more than doubled over the past year. The new report, Gaming Respawned, notes these attacks come in the wake of booming popularity and demand for cloud gaming platforms.
Attacks on web applications in the gaming sector puts player accounts at risk of being compromised by cyber criminals resulting in the selling of gaming accounts and theft of personal information including credit card data. The microtransaction market is reportedly expected to reach $106.02B by 2026 creating a massive target for attackers. The report also finds that the gaming industry is targeted for 37 percent of all DDoS attacks. This is an overwhelming amount as the second most targeted vertical is the financial sector at 22 percent.
Other key findings of Gaming Respawned include:
"As gaming activity has increased and evolved, so has the value of disrupting it through cyber attacks," said Jonathan Singer, Akamai's Senior Strategist, Media & Entertainment Industries. "Cyber criminals typically disrupt live services and co-opt credentials to steal gaming assets. Also, with the industry's expansion into cloud gaming, new threat surfaces have opened up for attackers by bringing in new players who are prime targets for bad actors. Our latest report, Gaming Respawned, looks at why and how the gaming industry has become such a worldwide target that attracts cyber criminals, cheaters and money launderers."
For additional information, the security community can access, engage with, and learn from Akamai's threat researchers by visiting the newAkamai Security Hub and following the team on Twitter at @Akamai_Research.
To meet with Akamai at the 2022 Black Hat conference in Las Vegas, please find the research team at Booth 2422.
Akamai powers and protects life online. Leading companies worldwide choose Akamai to build, deliver, and secure their digital experiences — helping billions of people live, work, and play every day. With the world's most distributed compute platform — from cloud to edge — we make it easy for customers to develop and run applications, while we keep experiences closer to users and threats farther away. Learn more about Akamai's security, compute, and delivery solutions at akamai.com and akamai.com/blog, or follow Akamai Technologies on Twitter and LinkedIn.
View original content to download multimedia:https://www.prnewswire.com/news-releases/akamai-research-shows-attacks-on-gaming-companies-have-more-than-doubled-over-past-year-301599929.html
SOURCE Akamai Technologies