![]() The most obvious step that users should take is to enable two factor authentication on Steam (known, in their case, as Steam Guard Mobile Authenticator). ![]() Essentially all Steam accounts are now targets.”Ĭlearly steps need to be taken if anything is to be done to reduce the fraud occurring on Steam. ![]() Indeed, according to the firm, practically every active Steam account has “enough value to be worth a hacker’s time. ![]() Valve says that “enough money now moves around the system that stealing virtual Steam goods has become a real business for skilled hackers”. Often this is done by stealing passwords with keylogging malware, or through phishing for login credentials on fake sites.Īnd once a Steam account has been hijacked, it is typically raided for items and games, as well as potentially used to compromise and raid yet more Steam accounts.Īccording to a statement issued by Valve, stolen virtual goods are often sold through a series of compromised accounts before ultimately being sold on to an innocent user. Steam accounts are hijacked when a hacker manages to break into an account without the owner’s permission. Valve, the developers of the Steam online gaming platform, says that its members are facing a serious problem.Īccounts have always been hijacked on the gaming site, by hackers who have stolen passwords, but now the problem is said to have risen twenty-fold, with some 77,000 Steam accounts hacked every month.
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