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World Cup Fever Will Cause a Hike in Cyber Attacks

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Home Technology Fintech

World Cup Fever Will Cause a Hike in Cyber Attacks

November 9, 2022
in Fintech
Reading Time: 6 mins read

I’m forgiven for thinking that the main threat is the stereotypical hacker in the dim room, eosedge legala cybersecurity firm has suggested that government-backed hackers will also be active during the Qatar World Cup.

of Sports Information Sharing and Analysis Organization (Sports-ISAO), which promotes cybersecurity for teams, leagues, players and fans, has warned that cyberattacks against the World Cup are already underway. Additionally, cybersecurity lawyers point out that not only fans but businesses around the world are at risk of cyber breaches.

Cyber Law and Sports Data Attorney at eosedge Legal, Douglas Depepp “The World Cup in Qatar will likely be a target for cyber gangs and state-affiliated hackers.

Fans should be aware of social media links offering free streaming of matches. Sports-ISAO uncovered massive click-fraud schemes at past events that started with lures offering free streaming By clicking on the link, the user’s device is compromised and exploited, becoming part of a large botnet involved in ad fraud, and once compromised, the device can be further exploited. is collected and can lead to identity theft and other thefts against device owners.”

Steven campbelleosedge Legal and Sports-ISAO Cyber Consultants added: fancy bear When sandworm, may be less active this time due to the war in Ukraine. However, many groups will exploit the global audience of the World Cup for nefarious purposes using social media and hacking tactics.

illegal streaming services

Jane Jin Sports ISAO Identity Asset Advisor Additionally, it adds:broadcasters, sponsors, advertisers and commercial partners of FIFA All face different types of money flow threats. For example, in Sports-ISAO, a sports NFT related to the World Cup linked from the site could attract both buyers and scammers.

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Douglas DePeppe, Cyber Law and Sports Data Attorney at eosedge Legal
Douglas DePeppe, Cyber Law and Sports Data Attorney at eosedge Legal

Douglas DePeppe of eosedge Legal, member of the IR Global Network, added: , especially careless smartphone clicks on social media.

speak exclusively Fintech TimesDouglas DePeppe of

The figure aggregates revenue from broadcasting, advertising, tourism, event sales and other industries. It should come as no surprise that manipulation of force targets it: past global sporting events have seen money skimmed and stolen by web-based malware and social media schemes, robbing advertisers, Broadcasters and fans’ rights were violated.”

the delete key is your friend
PJ Rohall, Head of Fraud Strategy and Education at SEON
PJ Rohall, Head of Fraud Strategy and Education at SEON

The old adage, “If it’s too good to be true, it’s probably true” seems to have stood the test of time because it remains true. PJ Low HallHead of Fraud Strategy and Education SongCybersecurity firm , interviewed The Fintech Times to explain how many scammers see this as an opportunity to capitalize on people’s emotions.

Fans put a lot of emotion into sporting events. As a result, it’s easy to react to anything in the heat of the moment. We may ask for personal information or money as part of the acquisition.

Scammers take advantage of events like this because they are big, important, exciting, and let your guard down, says Rohall. They get caught up in the moment, take action, do things they wouldn’t normally do. It’s not just the World Cup. It uses excitement (or fear) to pull people away from traditional behavior.

For many, watching a World Cup match live is a once-in-a-lifetime opportunity that cannot be missed. This is especially true if you have not entered a contest.

mark brown,Founder cyber safeis a cybersecurity awareness training platform that teaches companies the art of identifying potential hacking attempts using behavioral psychology techniques. The delete key is your friend.

customer protection
Maciej Markiewicz, Head of Cybersecurity at Netguru
Maciej Markiewicz, Head of Cybersecurity at Netguru

Neither businesses nor citizens can switch off for the next few months. No matter what the distractions are, you must remain alert. fintech, Netoglucybersecurity officer of Maciej markiewicz Pointed out the best ways citizens can prepare themselves. Of course, passwords must be long (at least 12 characters), complex, and unique. You should use best practice passwords that are generated and stored in your password manager.

When it comes to two-factor authentication, its less obvious, but its also essential. The most effective 2FA method to protect against phishing is a U2F hardware key (Universal 2nd Factor). If not, other methods also have a positive impact on security, including SMS, authenticator applications, and push notifications.

But a key aspect and line of defense is user awareness. Unfortunately, this element is the most difficult to achieve. Awareness is hard to come by, and the high emotion that comes with championships makes it even harder. .”

on high alert

Official page spoofing works in conjunction with malicious and misleading emails and texts. But it’s not just sites that pose risks. Digital Shadowa cybersecurity firm, study found mobile apps and social media pages are also spreading scams.

A spokesperson said: Publishing your pet’s name, school you attended, family name, birthday, etc., especially in new social media groups, gives scammers all the information they need to guess your password or answer your secret questions. Available.

“Also, when downloading applications, use only legitimate app stores, such as the Apple store or Google store, and check the security and permissions granted to these programs.”

company protection
Rachael Greaves, CEO and Founder of Castlepoint Systems
Rachael Greaves, CEO and Founder of Castlepoint Systems

There are similarities between organizational readiness plans and citizen readiness plans. Rachel greavesCEO and Founder of regtech, castle point system To avoid becoming a victim, the first thing you should do is set up multi-factor authentication whenever possible. Impersonating you at a major institution usually requires the crooks to have access to your email or phone to get a verification code, even if you have ID documents. You can make this even harder by requiring her MFA for all logins.

“Some organizations still use ‘security questions’ to allow password changes without a second factor of authentication.This is why keeping social media private is also important. If someone wants to know your mother’s maiden name and your name Facebook It’s public, so it only takes a few minutes to get it.

It used to be that the best way to avoid being scammed was to keep your personal information very secure, but in the last five years it has become clear that this is no longer a viable strategy. Even the most sophisticated organizations can and have been compromised, and this is why we develop artificial intelligence to understand all the dangerous information they hold and to control the entire network. That’s why we spread it out so that it can be properly protected (and discarded if you don’t need to keep it).”

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