The trend of illegally streaming content from platforms like Sky is on the rise, driven by the desire to save money. Many UK households are opting for ‘dodgy’ Fire TV Sticks and modified set-top boxes to access sports and movies at a low cost.
However, this seemingly attractive option can lead to unforeseen financial consequences. Recent research by BeStreamWise reveals that 40% of illegal streamers surveyed have fallen victim to financial fraud, with some facing bills as high as £1,680.
Unauthorized streaming exposes users to risks such as data theft and credit card fraud, as hackers exploit personal information provided during sign-up to gain access to sensitive financial details. On average, victims lose a staggering £1,680, with some individuals reporting losses exceeding £7,500.
Despite the allure of saving money, the potential dangers of illegal streaming far outweigh the meager savings. Ethical hacker Rob Shapland highlights the ease with which criminals can exploit illegal streaming methods to compromise personal data and financial security.
In addition to financial losses, many illegal streamers have encountered security threats such as malware and malicious pop-ups. BeStreamWise reports that nearly two-thirds of illegal content viewers have experienced security scares, emphasizing the risks associated with illegal streaming.
Detective Chief Inspector Emma Warbey from the Police Intellectual Property Crime Unit warns against the false economy of illegal streaming, stressing the financial repercussions and cybersecurity risks it poses. Initiatives like BeStreamWise aim to educate the public on safe and legal online content consumption practices.
Collaborative efforts are ongoing to combat illegal streaming activities and hold perpetrators accountable, safeguarding users from data theft, cybercrime, and fraud.