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Highlights
- TWITCH experienced a massive data breach, which exposed sensitive source code and details on payments to content creators.
- Purpose of the leak was to increase the competition in the online video streaming space.
- The documents appear to show Twitch's top streamers made millions of dollars from the Amazon-owned company in the past two years.
TWITCH experienced a massive data breach on Wednesday, which exposed the sensitive source code and details on payments to content creators on Twitch. The hacker posted a link with 125 gigabytes of data to 4Chan, the internet messaging board supported by conspiracy theorists.
Just recently Twitch had announced it has taken steps to ensure that the new safety tools designed to protect streamers against hate raids. The news comes in at a bad time when Twitch is in the process of experimenting with a new feature, which will allow users to pay money to promote a stream. Rumors have been rife that the feature has the potential to be a game changer and will bring revenue to the company.
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How did the hack happen?
While the investigations are still going on, Twitch claim that the breach happened due to a server configuration change, which exposed data onto the public platform. Having said that, Twitch is unable to say whether the data posted online is genuine or not.
TWITCH hack raises cybersecurity concerns
The Amazon-owned company said the breach had involved a Twitch server configuration was accessed by a malicious third party and that the investigations are going on to understand the full scale. However, the company was quick to send out a notification stating that it did not store users' credit-card information, so that kind of financial information could not have been exposed and is also in the process of resetting the users' stream keys to ensure further damage is not done.
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Increase in cyber intrusion
Twitch has on an average more than 2.5 million viewers and more than 7 million unique creators stream live video on the platform and over 30 million users visit the site daily. The global cyberattacks have gone up this year with cases of cyber intrusion doubling in first half of 2021.
The Amazon stocks however has not been affected in Thursday’s premarket. According to investing.com, Amazon stock (NASDAQ:AMZN) traded 1.1% higher in premarket.
Conclusion
The Twitch streamers are now raising queries of how much data has been breached and Twitch themselves have gone onto a fire-fighting mode to quickly resolve the crisis that has left them red-faced. With increased cases of cyberattacks, companies will have to get hold of their security system to ensure that hacks such as these don’t happen anytime soon.
