Expert Speak
Stolen Employee Credentials Put Leading Gaming Firms at Risk
Written by Amer Owaida, security writer at ESET
More than 500,000 login credentials linked to the employees of 25 leading game publishers have been found for sale on dark web bazaars, according to a report by threat intelligence company KELA. Threat actors have been increasingly targeting the gaming industry, including harvesting and selling access credentials into the internal systems of top-tier game companies.
The firm found almost 1 million compromised accounts belonging to gaming clients and employees of major gaming companies, with half of them ending up for sale on the dark web over the past year. The criminals’ increased interest in the gaming industry could partly be chalked up to some effects of the COVID-19 pandemic, which has forced most people inside and online for their social activities, including for online gaming. With revenues estimated to reach almost $200 billion by 2022, it’s no wonder the gaming industry has become a target for cybercriminals.
KELA has been tracking activities on the internet’s seedy underbelly for over two-and-a-half years and found compromised accounts that could provide access to the internal systems of almost every major gaming company. The accounts in question would grant entry to project management software, admin panels, virtual private networks (VPNs), and development-related environments, among others. Threat actors could wreak all manner of havoc, ranging from stealing company secrets, intellectual property and customer data to deploying ransomware on the company’s machines, which could lead to monetary and reputational damage.
Indeed, over the past few months, said KELA, criminals have been observed seeking access into the networks of a number of gaming companies. “We also detected an infected computer (bot) which had credential logs to plenty of sensitive accounts that could be accessed by attackers upon purchase: SSO, Kibana, Jira, adminconnect, service-now, Slack, VPN, password-manager and poweradmin of the company – all on a single bot – which strongly suggests that it’s used by an employee of the company with administrator rights,” according to KELA, adding that the asking price for the bot was less than US$10.
Sadly, as the company also points out, employees remain one of the main points of access, especially due to credentials being leaked through third-party breaches. These types of credentials aren’t often monetized and can be freely found on dark web forums. Part of the problem could be blamed on their penchant for password reuse.
“We found that these credentials also include high-profile email addresses such as senior employees and email addresses which are generally a significant channel in the company – invoice, purchasing, admin, HR-related emails, support, and marketing are only some of the examples we noticed,” states the report.
Cybercriminals could use these accounts to carry out various spearphishing campaigns in the hunt for more valuable credentials, including those that would grant them access to the most sensitive parts of a company’s network. Alternatively, the login data could also be used to carry out Business Email Compromise (BEC) scams and other crimes.
As the gaming industry is steadily becoming a juicier target for criminals, companies would do well to invest in their cybersecurity, especially by providing security awareness training to their employees and raising awareness about the risks they face. Additionally, companies should institute proper password management policies that prevent password recycling and implement multi-factor authentication.
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Positive Technologies Study Reveals Successful Cyberattacks Nett 5X Profits
Positive Technologies has released a study on the dark web market, analysing prices for illegal cybersecurity services and products, as well as the costs incurred by cybercriminals to carry out attacks. The most expensive type of malware is ransomware, with a median cost of $7,500. Zero-day exploits are particularly valuable, often being sold for millions of dollars. However, the net profit from a successful cyberattack can be five times the cost of organizing it.
Experts estimate that performing a popular phishing attack involving ransomware costs novice cybercriminals at least $20,000. First, hackers rent dedicated servers, subscribe to VPN services, and acquire other tools to build a secure and anonymous IT infrastructure to manage the attack. Attackers also need to acquire the source code of malicious software or subscribe to ready-to-use malware, as well as tools for infiltrating the victim’s system and evading detection by security measures. Moreover, cybercriminals can consult with seasoned experts, purchase access to targeted infrastructures and company data, and escalate privileges within a compromised system. Products and tools are readily available for purchase on the dark web, catering to beginners. The darknet also offers leaked malware along with detailed instructions, making it easier for novice cybercriminals to carry out attacks.
Malware is one of the primary tools in a hacker’s arsenal, with 53% of malware-related ads focused on sales. In 19% of all posts, infostealers designed to steal data are offered. Crypters and code obfuscation tools, used to help attackers hide malware from security tools, are featured in 17% of cases. Additionally, loaders are mentioned in 16% of ads. The median cost of these types of malware stands at $400, $70, and $500, respectively. The most expensive malware is ransomware: its median cost is $7,500, with some offers reaching up to $320,000. Ransomware is primarily distributed through affiliate programs, known as Ransomware-as-a-Service (RaaS), where participants in an attack typically receive 70–90% of the ransom. To become a partner, a criminal must make a contribution of 0.05 Bitcoin (approximately $5,000) and have a solid reputation on the dark web.
Another popular attack tool is exploits: 69% of exploit-related ads focus on sales, with zero-day vulnerability posts accounting for 32% of them. In 31% of cases, the cost of exploits exceeds $20,000 and can reach several million dollars. Access to corporate networks is relatively inexpensive, with 72% of such ads focused on sales, and 62% of them priced at under a thousand dollars. Among cybercriminal services, hacks are the most popular option, accounting for 49% of reports. For example, the price for compromising a personal email account starts at $100, while the cost for a corporate account begins at $200.
Dmitry Streltsov, Threat Analyst at Positive Technologies, says, “On dark web marketplaces, prices are typically determined in one of two ways: either sellers set a fixed price, or auctions are held. Auctions are often used for exclusive items, such as zero-day exploits. The platforms facilitating these deals also generate revenue, often through their own escrow services, which hold the buyer’s funds temporarily until the product or service is confirmed as delivered. On many platforms, these escrow services are managed by either administrators or trusted users with strong reputations. In return, they earn at least 4% of the transaction amount, with the forums setting the rates.”
Considering the cost of tools and services on the dark web, along with the median ransom amount, cybercriminals can achieve a net profit of $100,000–$130,000 from a successful attack—five times the cost of their preparation. For a company, such an incident can result not only in ransom costs but also in massive financial losses due to disrupted business processes. For example, in 2024, due to a ransomware attack, servers of CDK Global were down for two weeks. The company paid cybercriminals $25 million, while the financial losses of dealers due to system downtime exceeded $600 million.
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