Cyberattack Targets Call Of Duty Cheaters, Draining Bitcoin Wallets In Malware Scam: Report
Portfolio Pulse from Benzinga Neuro
Hackers have targeted Call of Duty cheaters with malware that steals Bitcoin from their wallets. The cyberattack has compromised over 3.6 million Battlenet, 561,000 Activision, and 117,000 Elite PVPers accounts, affecting both cheaters and legitimate gamers. Activision Blizzard, now a Microsoft subsidiary, is working with cheat code providers to assist impacted users. This incident highlights the increasing trend of cyberattacks within the gaming and cryptocurrency communities.
March 29, 2024 | 2:31 pm
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NEGATIVE IMPACT
The malware attack targeting Call of Duty cheaters and stealing Bitcoin highlights the ongoing security risks associated with cryptocurrency, potentially influencing Bitcoin's market perception and price.
The theft of Bitcoin through a targeted malware attack on gamers could raise concerns about cryptocurrency security among investors and users, potentially leading to a negative short-term impact on Bitcoin's price as market perception shifts.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Microsoft, owning Activision Blizzard, is involved in addressing the cyberattack on Call of Duty players, which could impact its reputation and potentially its stock.
Microsoft's involvement in addressing the cyberattack through its subsidiary Activision Blizzard could lead to negative publicity, potentially affecting investor sentiment and stock price in the short term. However, the company's proactive approach might mitigate long-term impacts.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80