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Gametech: The Growing Gaming Fraud Threat

Gametech: The Growing Gaming Fraud Threat

Image courtesy of The Fintech Times

Kevin Gosschalk, CEO of Arkose Labs, tells The Fintech Times that attacks on gaming companies are the most persistent and targeted outside financial services, with 27% of all gaming traffic flagged as malicious on the Arkose platform by November 2021. Fraudsters target gaming platforms for account takeovers, in-game botting and real money trading — hacked accounts loaded with virtual assets can sell for thousands of pounds on secondary markets. Gosschalk argues that multi-layered risk decisioning across the full customer journey is essential to protect in-game economies without degrading the legitimate player experience.

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