Gambling

FBI targets casino cybercrime

The attacks first identified by the FBI frequently targeted small and tribal casinos, encrypting servers and the personally identifying information (PII) of employees and patrons. As of June 2023, the FBI also reports that the Silent Ransom Group (SRG), also called Luna Moth, conducted callback phishing data theft and extortion attacks by sending victims a phone number in a phishing attempt, usually relating to pending charges on the victim’s account. When the victims called the provided phone number, cybercriminals directed them to a legitimate system management tool via a link provided in a follow-up email.

Gambling Industry Hit by Cybercrime

In an exclusive interview with Cyber Intelligence, Ido Naor, Co-founder and CEO of Security Joes, a cybersecurity firm specializing in incident response and crisis management services, explains why gambling is the latest sector to be targeted by cybercrime. The rapid growth of online gambling that began during pandemic lockdowns has made the online gambling industry a honeypot for cybercrime. At the same time, research conducted by the UK Gambling Commission showed that online gamblers were spending more and were unlikely to change their gambling habits once the lockdown ended. “There has been a big rise in gambling cybercrime ever since the pandemic lockdowns, when gamblers, including many high-stakes players, were forced to play online. Many players have since been reluctant to return to physical casinos, preferring online gambling, leaving the door open to fraud,” says Ido Naor, Co-founder and CEO of cybersecurity firm Security Joes.