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Feds break up alleged streaming password theft scheme

Netflix and other streaming services have dealt with a variety of password-stealing schemes and other scams for years. Netflix announced earlier this year it was trying to crack down on password-sharing among its customers; even if you’re only sharing account access with people you know, the more people who have the info, the greater the chances that info could be compromised. According to analysis from research firm Parks Associates, password piracy and sharing cost streaming services like Netflix, Hulu, and Disney Plus $9 billion a year.

From the article "Feds break up alleged streaming password theft scheme" by Kim Lyons. 

Previously In The News

Password Sharing, Piracy Will Cost Streaming Companies $12.5B By 2024 – Report

New research by streaming tracker Parks Associates predicts the amount of revenue lost to piracy and password sharing will increase 38% to $12.5 billion over the next five years. While it is seldom...

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Nearly a quarter (23%) of Millennial heads of household are OTT only households, higher than the national average of 15% among all U.S broadband households. Parks Associates analysts also note that...

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Smart-home technology is building quickly to a multi-billion-dollar business in Western Europe, say market researchers at Parks Associates, and the Malvern-based "Internet of Things" platform develope...

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