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Cyber Threats Rack the Media and Entertainment Industry, Report Reveals

With public-facing online platforms being the center of business for much of the media and entertainment industry, companies in this space are uniquely vulnerable to cyber threats from hackers, a new report by online security firm ZeroFOX has found.

“Cybercriminals have recognized the opportunities that online platforms represent for celebrities, sports teams, and the media and entertainment industry as a whole, and seek to exploit their market presence and revenue potential,” the researchers say.

According to the report, cybercriminals are able to exploit relevant companies through a host of different means, including using offensive and threatening content, pirating goods, counterfeiting tickets, taking over user accounts, making use of impersonations, launching data breaches and other instances of cyber crime.

The researchers add that “bad actors” also engage directly with unsuspecting fans and consumers “in a way that they previously could not”.

The findings suggest that companies in the media and entertainment industry are confronted by a unique set of cyber threats which the industry, as a whole, needs to be overcome.

Mapping threats in media and entertainment

The report lays out a series of key findings that demonstrate the unique cyber threats faced by companies whose products relate to media such as film, print, radio, and television.

For example, the report found that impersonations, leaked information and pirated content remain the top cyber threats faced by brands in the industry. All-in-all, 7.3% of attacks were impersonations, 6% involved counterfeited or pirated content, 5.2% involved threats, and a further 1.4% involved the compromising of personal data.

Moreover, the report found that a majority of the cyber threats faced by the industry relate specifically to social media. With 89% of threat activity being detected from this space, the researchers observe that it is clear that “social media sites are particularly applicable threat sources to our media and

Article source: https://www.cpomagazine.com/cyber-security/cyber-threats-rack-the-media-and-entertainment-industry-report-reveals/

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