Medium RiskWindowsLegitimateCommonly Abused
steam.exeGAMING PLATFORM

steam.exe - Steam Gaming Platform Security Analysis

steam.exe is the **Steam gaming platform client** by Valve. Attackers target Steam for **account theft**, **game item fraud**, and **malware distribution** via fake game mods. Steam's popularity makes it a valuable target for credential stealers and phishing attacks.

Risk Summary

MEDIUM priority for SOC triage. steam.exe is a legitimate gaming client that is frequently targeted for credential theft. Monitor for Steam credential file access by non-Steam processes and Steam running from unusual locations.

Overview

What is steam.exe?

Steam is a digital gaming platform by Valve Corporation.

Core Functions

Gaming Services:

  • Game distribution
  • Social features
  • In-game purchases
  • Cloud saves

Security Significance

  • Account Value: Games and items worth money
  • Credential Target: Login theft common
  • Mod Risk: Malicious mods exist

Normal Behavior

Normal Behavior

Expected Process State

PropertyExpected Value
PathC:\Program Files (x86)\Steam\steam.exe
Parentexplorer.exe
UserLogged-in user
NetworkValve servers

Credential Location

C:\Program Files (x86)\Steam\config\loginusers.vdf

Common Locations

C:\Program Files (x86)\Steam\steam.exeC:\Program Files\Steam\steam.exe

Suspicious Indicators

Legitimate vs Suspicious

LEGITIMATE

Path:        C:\Program Files*\Steam\steam.exe
Parent:      explorer.exe
Network:     Valve/Steam servers

SUSPICIOUS

Path:        C:\Users\*\steam.exe
             C:\Temp\steam.exe
Behavior:    loginusers.vdf accessed by other process
             ssfn* files copied

Abuse Techniques

Attack Techniques

Technique #1: Credential Theft (T1555)

Stealing Steam Credentials:

  • loginusers.vdf contains tokens
  • ssfn* files for auth

Technique #2: Phishing (T1566)

Fake Steam login pages.

Technique #3: Malicious Mods

Malware distributed as game mods.

Remediation Steps

Protection and Remediation

Defense: Steam Guard

Enable Steam Guard two-factor authentication.

If Compromise Suspected

  1. Change Steam password
  2. Deauthorize all devices
  3. Enable Steam Guard
  4. Review recent trades/purchases

Investigation Checklist

Investigation Checklist

  • Verify steam.exe path
  • Check for credential file access
  • Review login history
  • Check for unauthorized purchases

MITRE ATT&CK Techniques

Last verified: January 18, 2026