Close
Josh Lefkowitz
Chief Executive Officer
Josh Lefkowitz executes the company’s strategic vision to empower organizations with Business Risk Intelligence (BRI). He has worked extensively with authorities to track and analyze terrorist groups. Mr. Lefkowitz also served as a consultant to the FBI’s senior management team and worked for a top tier, global investment bank. Mr. Lefkowitz holds an MBA from Harvard University and a BA from Williams College.
Evan Kohlmann
Chief Innovation Officer
Evan Kohlmann focuses on product innovation at Flashpoint where he leverages fifteen years’ experience tracking Al-Qaida, ISIS, and other terrorist groups. He has consulted for the US Department of Defense, the US Department of Justice, the Australian Federal Police, and Scotland Yard’s Counter Terrorism Command, among others. Mr. Kohlmann holds a JD from the Univ. of Pennsylvania Law School and a BSFS in International Politics from the Walsh School of Foreign Service at Georgetown Univ.
Josh Devon
Chief Operating Officer / VP Product
Josh Devon focuses on product vision and strategy at Flashpoint while ensuring the company’s departments function synergistically during its rapid growth. He also works to ensure that customers receive best in class products, services, and support. Previously, Mr. Devon co-founded the SITE Intelligence Group where he served as Assistant Director. He holds an MA from SAIS at Johns Hopkins Univ. At the Univ. of Pennsylvania, he received a BS in Economics from the Wharton School and a BA in English from the College of Arts and Sciences.
Jennifer Leggio
Chief Marketing Officer / VP Operations
Jennifer Leggio is responsible for Flashpoint’s marketing, customer acquisition, and operations. Ms. Leggio has more than 20 years of experience driving marketing, communications and go-to-market strategies in the cybersecurity industry. She’s previously held senior leadership roles at Digital Shadows, Cisco, Sourcefire, and Fortinet. She’s been a contributor to Forbes and ZDNet, and has spoken on the importance of coordinated disclosure at DEF CON and Hack in the Box, and on threat actor “publicity” trends at RSA Conference, Gartner Security Summit, and SXSW Interactive.
Chris Camacho
Chief Strategy Officer
Chris Camacho leads the company’s client engagement and development team, which includes customer success, business development, strategic integrations and the FPCollab sharing community. With over 15 years of cybersecurity leadership experience, he has spearheaded initiatives across Operational Strategy, Incident Response, Threat Management, and Security Operations to ensure cyber risk postures align with business goals. Most recently as a Senior Vice President of Information Security at Bank of America, Mr. Camacho was responsible for overseeing the Threat Management Program. An entrepreneur, Mr. Camacho also serves as CEO for NinjaJobs: a career-matching community for elite cybersecurity talent. He has a BS in Decision Sciences & Management of Information Systems from George Mason University.
Lisa Iadanza
Chief People Officer
Lisa M. Iadanza leads all functional areas of People Operations at Flashpoint, including human resources, talent acquisition & management, employee engagement, and developing high performance teams. In addition to collaborating with the executive team to drive strategic growth, she plays an integral role in fostering Flashpoint’s culture and mission. Driven by her passions for mentorship, employee advocacy, and talent development, Ms. Iadanza has more than twenty years of experience in building, scaling, and leading human resources functions. Prior to Flashpoint, she held leadership roles at Conde Nast, Terra Technology, and FreeWheel. She is a member of the Society for Human Resources Management (SHRM) and holds a bachelor’s degree in management with concentrations in human resources and marketing from State University of New York at Binghamton.
Rob Reznick
VP of Finance and Corporate Development
Rob Reznick leads the finance, accounting, and corporate development teams at Flashpoint. Rob previously served as Director of Finance & Accounting for 1010data (acquired by Advance/Newhouse), and Director of Finance for Financial Guard (acquired by Legg Mason) after prior work in forensic accounting and dispute consulting. Mr. Reznick is a Certified Public Accountant and holds an MBA and MAcc from the Fisher College of Business at the Ohio State University, and a BBA from the Ross School of Business at the University of Michigan.
Lance James
Chief Scientist / VP Engineering
Lance James is responsible for leading Flashpoint’s technology development. Prior to joining Flashpoint in 2015, he was the Head of Cyber Intelligence at Deloitte & Touche LLP. Mr. James has been an active member of the security community for over 20 years and enjoys working creatively together with technology teams to design and develop impactful solutions that disrupt online threats.
Brian Costello
SVP Global Sales and Solution Architecture
Brian Costello, a 20-year information technology and security solutions veteran, is responsible for leading the Global Sales, Solution Architecture, and Professional Services teams at Flashpoint. Throughout his career, Brian has successfully built security and cloud teams that have provided customers with innovative technology solutions, exceeded targets and consistently grown business year over year. Prior to Flashpoint, Brian led a global security and cloud vertical practice for Verizon. Brian also held senior leadership roles at Invincea, Risk Analytics and Cybertrust. Brian received his B.A. from George Mason University.
Tom Hofmann
VP Intelligence
Tom Hofmann leads the intelligence directorate that is responsible for the collection, analysis, production, and dissemination of Deep and Dark Web data. He works closely with clients to prioritize their intelligence requirements and ensures internal Flashpoint operations are aligned to those needs. Mr. Hofmann has been at the forefront of cyber intelligence operations in the commercial, government, and military sectors, and is renowned for his ability to drive effective intelligence operations to support offensive and defensive network operations.
Jake Wells
VP, Client Engagement & Development
Jake Wells leads strategic integrations and information sharing as part of the client engagement & development team, which serves as an internal advocate for our government and commercial clients to ensure Flashpoint’s intelligence solutions meet their evolving needs. He leverages a decade of experience running cyber and counterterrorism investigations, most recently with the NYPD Intelligence Bureau, to maximize the value customers generate from our products and services. Mr. Wells holds an MA from Columbia University and a BA from Emory University.
Brian Brown
VP Business Development
Brian Brown is responsible for the overall direction of strategic sales and development supporting Flashpoint’s largest clients. In his role, Mr. Brown focuses on designing and executing growth-oriented sales penetration strategies across multiple vertical markets, including both Government and Commercial, supporting Flashpoint’s Sales and Business Development Teams. An experienced entrepreneur, Mr. Brown also serves as CSO for NinjaJobs, a private community created to match elite cybersecurity talent with top tier global jobs and also advise growth-stage cybersecurity companies.
image/svg+xml image/svg+xml
Download Forrester’s Guide to Paying Ransomware Report Now

Cybercriminals Continue to Target Online Gambling Platforms

Blog
June 3, 2019

By Luke Rodeheffer

The size of the online gambling industry is expected to approach $75 billion by 2024, driven largely by technological advancements and favorable regulatory shifts. This projected growth presents ample opportunity to companies operating in the industry, but it comes with the drawback of attracting unwanted cybercriminal interest.

The online gambling industry has often been a pioneer in developing anti-fraud and device-fingerprinting technology to prevent the abuse of its platforms. But as cybercriminals continue to refine their methods, organizations in the industry must remain mindful of the following threats:

Account Cash-Out Schemes

One common cybercriminal tactic is to cash out balances on compromised online gambling accounts. Online gambling accounts can be compromised through brute forcing activity, botnets, or credential-stealing malware sold on underground forums. Compromised accounts are sold for varying prices depending on the age of the account and the amount of money in the balance.

Fraudulent Account Creation

A related cybercriminal activity is the creation of fake user accounts on gambling platforms, which are used for money laundering, whether it be for funds extracted from compromised gambling accounts or the fruits of other financially motivated schemes.

Cybercriminals use a variety of different technologies to establish fake accounts on gambling platforms. Flashpoint analysts observed a Russian-speaking actor advertising servers capable of creating accounts on leading gambling platforms without detection on their Telegram channel. Analysts have also observed users on a lower-tier, Russian-language cybercrime forum discussing that same actor’s anti-detect software to create dozens of accounts within a 24-hour time frame on some gambling sites, though they acknowledged the service was less effective on certain gambling platforms with more sophisticated anti-fraud protections.

Mobile proxy abuse is also being leveraged to create fraudulent accounts, with one notable Russian-language proxy service advertising its ability to create fraudulent accounts on gambling sites and providing tips on the security and document verification systems used by several high-profile online gambling platforms. On its homepage, the service falsely claims to have partnerships with some of these platforms, stating that users are able to “make bets on any gambling website without any risks,” and “trust our professional team to allow users to make multiple accounts across platforms.”

Partnerkas and Traffic Arbitrage

Many online gambling platforms rely on online advertisements to attract new users. In some cases, gambling platforms rely on affiliate systems that place its ads on other sites. These affiliate systems often overlap with the cybercriminal underground, however, especially those based in Eastern Europe, where they are known as partnerkas. In the past, partnerkas have received law enforcement and media scrutiny for directing web traffic to illicit offshore pharmacy websites and using botnets to distribute spam or malware via advertisements on compromised web pages.

Working with partnerkas poses significant third-party risk to online gambling platforms, with potential ramifications including reputational damage and the compromise of sensitive customer data. As such, thorough due diligence should be conducted when it comes to all aspects of online advertising.

Efforts to Bypass Security Controls

Flashpoint analysts have also observed Russian-speaking actors advertising services they claim are capable of bypassing certain security controls put in place by gambling platforms. However, domain records provide no further clues as to who is behind this service.

Distributed Denial-of-Service (DDoS) Attacks

DDoS attacks are another threat for the online gambling industry that have grown increasingly pervasive over the past few years. Since online gambling activity is often conducted in real time, these platforms are particularly sensitive to the latency created by DDoS attacks due to user bases located around the world who require streaming access. In August 2018, the popular platforms PokerStars and partypoker faced extended periods of downtime as a result of DDoS attacks, and a wave of attacks crippled Hong Kong-based gambling platforms in May 2017 that cybersecurity firm Arbor Networks linked to extortion attempts.

Assessment

The growth of the online gambling industry will only make it a more lucrative target for cybercrime in the coming years. As technology for subverting account authentication and anti-fraud defenses continues to rapidly develop and more accounts are compromised through the proliferation of credential-stealing malware, botnets, and brute-forcing tools, the industry will need to monitor for emerging cyber threats and evolving tactics, techniques, and procedures (TTPs) on an ongoing basis.

avatar

Luke Rodeheffer

Cybercrime Intelligence Analyst

Luke is a Cybercrime Intelligence Analyst at Flashpoint, where he specializes in analyzing cyber and physical threats and actors originating in Turkey, the former Soviet Union, The Middle East, and North Africa. He has extensive previous experience as a freelance due diligence and political risk analyst covering post-Soviet Eurasia and Turkey utilizing extensive public record and open source research. Luke has been published by The Diplomat, Business Insider, Middle East Monitor and George Washington’s International Affairs Review, and his research has been cited in the Wall Street Journal. Luke speaks Turkish, Russian, German, and Persian, and holds a Master’s Degree in Russian, Eastern European, and Eurasian Studies from Stanford University.

Flashpoint Intelligence Brief

Subscribe to our newsletter to stay up-to-date on our latest research, news, and events