Steam Hacked, Accounts Compromised, People Blaming Valve

According to various sources, Steam was hacked and accounts were compromised recently. Gamers have reported losing their accounts. All signs point to a problem with Valve, the owner of Steam. A mixture of social engineering and stupidity on the part of Valve – many of the accounts hacked simply had password resets. This shows the weakness of the current password system at Valve.

If a large database is that vulnerable to anyone who want to hack it, then things can go awry for Steam. Gamers might start considering other options that are out there.

Also read: Chinese Now Free to Play Console Games

Following the accusations by users on various social media sites, which surfaced into the gaming press, the site experienced a serious and sustained attack. The Steam community was down for a while as you can see from the tweets below. Steam has yet to comment about the incident.

How the Steam Accounts Were Hacked

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P. H. Madore has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and has made technical contributions on a number of other cryptocurrency projects. In spare time, he recently began a more personalized, weekly newsletter at http://ico.phm.link