The trend of illegal streaming on platforms like Streaming Sky is on the rise as UK households seek cost-saving measures. Utilizing ‘dodgy’ Fire TV Sticks or modified set-top boxes offers a budget-friendly option for accessing sports and movie content.
Despite the initial appeal, resorting to illicit streaming services can result in significant financial repercussions. Recent research by BeStreamWise indicates that 40% of surveyed illegal streamers in the UK have fallen victim to financial fraud, with some individuals facing bills as high as £1,680.
One prevalent issue with unofficial streaming services involves hackers exploiting user data to steal credit card information, leading to unauthorized transactions and account breaches. The average amount stolen from users stands at a staggering £1,680, with instances of even larger losses reported, including cases where individuals have suffered £7,500 in damages.
While the prospect of saving money on television expenses may seem attractive, the risks associated with illegal streaming far outweigh the benefits. BeStreamWise’s study reveals that, on average, illegal streamers cut costs by £13.38 monthly or £160 annually. However, the potential financial losses incurred are 950% higher than the yearly savings realized through illegal streaming.
Ethical hacker Rob Shapland, with 16 years of experience in cybersecurity, warns against the dangers of unauthorized streaming, emphasizing the vulnerability of personal information and the ease with which criminals exploit modified devices for malicious purposes.
In addition to monetary losses, many illegal streamers have encountered security threats, such as malware and malicious pop-ups, underscoring the risks associated with engaging in illicit streaming activities. Nearly two-thirds of individuals who engaged in illegal streaming activities reported experiencing security scares in the past year, highlighting the prevalence of cybersecurity threats in this realm.
Detective Chief Inspector Emma Warbey of the Police Intellectual Property Crime Unit (PIPCU) at City of London Police cautions against the false economy of illegal streaming, citing its detrimental impact on the entertainment industry and the heightened exposure of end-users to cybercrime and fraud risks. Collaborative efforts are ongoing to combat illegal streaming activities and ensure accountability among those involved.
By shedding light on the perils of illegal streaming, initiatives like BeStreamWise aim to empower the public with the knowledge and tools needed to navigate the digital landscape safely and access content legally and securely.
