Panopticon Labs Urges Video Game Industry to Self-Regulate on Cybersecurity Before Government Intervenes

Editor’s Note: See, Will Video Games Be Regulated Based on Tobacco Imagery? 

From: CEN

Panopticon Laboratories, the world’s first and only cybersecurity company for video game publishers, today announced the release of its second whitepaper, entitled Avoiding Regulation: Why the Video Game Industry Must Develop Cybersecurity Standards Before Lawmakers Intervene. The whitepaper is available for download at https://www.panopticonlabs.com/resources/#white-papers.

2016 has been a devastating year for cyber attacks against online video games. In just the previous 12 months, DDoS attacks have severely disrupted the player experience and economics of some of the world’s most popular games, including World of Warcraft, Overwatch,and Diablo 3. Video-game specific malware, known as Steam Stealer, was discovered to infect more than 77,000 Steam player accounts per month, leading to massive account hacking. Comprehensive money laundering schemes, in which cyber criminals transform virtual items and currency into real-world profits, proliferated on the Gray Market.

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