The world of online gambling has exploded in popularity, offering convenience and excitement to millions of players worldwide. But, with this digital gold rush comes a host of cybersecurity risks and challenges that affect gambling companies, players, and the third-party vendors who support them. There are risks, challenges, and opportunities for online gaming companies, the folks who partake in online gambling, and the third-party vendors who are there to help keep systems and data secure.[1]
identity theft (3)
Microsoft’s spokesman announced on 13 December 2023 the disruption of Storm-1152, a Cybercrime-as-a-Service (CaaS) ecosystem that created 750 million fraudulent Microsoft accounts supporting phishing, identity theft, and other schemes. The CaaS is believed to have made millions of dollars in illicit revenue by creating fraudulent accounts for other cybercrime groups to use in phishing, spam, ransomware, Distributed Denial-of-service (DDoS), and other types of attacks.
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A recently identified dark web portal is offering illegal services related to financial fraud, identity theft, and money laundering. Named the Styx Marketplace, the portal offers data dumps, cash-out services, fake and stolen IDs, SIM cards, multi-factor authentication bypass solutions, banking malware, and other types of illegal services. Initially mentioned on the dark web in early 2022, the marketplace opened in January 2023, following an escrow module for brokering transactions between cyb