Security News > 2022 > August > $23 Million YouTube Royalties Scam

Scammers were able to convince YouTube that other peoples' music was their own.

No one knows how common this scam is, and how much money total is being stolen in this way.

While the size of the heist and the breadth of the scheme may be very unique, it's certainly a situation that many YouTube content creators have faced before.

YouTube's Content ID system, meant to help creators, has been weaponized by bad faith actors in order to make money off content that isn't theirs.

YouTube attempts to be cautious with who it provides CMS and Content ID tool access because of how powerful these systems are.

It seems like thieves are doing the same, falsifying documents to gain access to these YouTube tools through these third parties that are "Trusted" with these tools by YouTube.

News URL

https://www.schneier.com/blog/archives/2022/08/23-million-youtube-royalties-scam.html