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Irdeto: Payment platforms enabling piracy

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Irdeto: Payment platforms enabling piracy

Postby MrFredPFL » Thu Aug 02, 2018 10:38 pm

Story :

Mark Mulready, VP, Cybersecurity Services at digital platform security specialist Irdeto, has called on payment platforms to support legitimate media organisations, following research that suggests pirates depend heavily on leading payment platforms to help them gather subscription and pay-per-view revenue.

In an Irdeto Perspective blog post, Mulready notes that investigators often get told to ‘follow the money’. “The time has come to extend this approach to the fight against online piracy, as new Irdeto research reveals the scale at which payment platforms are being used to enable illegal streaming,” he writes.

According to Mulready, it’s no secret that online piracy is big business, diverting vast revenues from genuine content providers every year. “Illegal streaming services are increasingly sophisticated, with slick websites and advertising, secure payment facilities and money-back guarantees. It’s often hard for consumers to be sure if they are subscribing to a genuine or illegal service,” he suggests.

“Those secure payment facilities are a big part of the pirates’ veneer of respectability, with many supporting transactions via industry big hitters like Visa, Mastercard, PayPal, American Express and the rest. The Irdeto anti-piracy team has now revealed the scale at which different payment platforms are enabling pirates to get away with content theft,” he reports.

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