Entertainment for money faces the actions of criminals more often than other sectors of the economy. There are always risks when dealing with such factors as large amounts of data, highly profitable platforms, bonus distribution, and others.
Experts of the Rosloto company will tell you about the most effective methods of fighting against offenders.
These are cases when criminals manipulate a casino resource or use it to their advantage. Both individual players and entire companies (for example, competitors) can be involved in illegal activities.
Most often, honest gamblers or groups of customers become victims of scammers. Unlawful actions can be aimed at a digital platform or processing centre, and thousands of consumers and B2B partners of operators get caught in the crossfire.
Hackers go after confidential information, such as:
A real success for any criminal would be to take possession of an online casino database. In this case, the work of the iGaming platform will be completely destabilised, and thousands of accounts are going to be stolen. To prevent this from happening, entrepreneurs need to install reliable security software.
How the gambling industry suffers from fraud:
Rasmus Sojmark, founder of the SBC exhibitions, noted:
Provision of the security and well-being of players is of the utmost importance to us. As event organisers, we are responsible for the resolution of customer protection issues and the creation of a sustainable and ethical ecosystem.
Let us consider the violations that online casino owners face most often:
Its essence lies in the creation of several profiles by one client or a group of players. At first glance, it may seem that they are not related to each other, but this is not true.
If a gambler has more than one account, it opens up additional opportunities for fraudsters. They gain an advantage over honest users, collect various bonuses and benefits, and illegally win seasonal tournaments and quests.
For example, in online poker, if the delinquent controls 6 hands and only 2 people actually participate in the round, the hacker's chances of winning prizes are tripled.
There are several types of fraud with multiple accounts:
A key task of entrepreneurs is to support fair and transparent gameplay. Grave violations can lead to licence revocation and huge reputational losses.
Hackers are trying to get the banking information of casino owners and their clients. After that, they can then sell the database to competitors or withdraw funds from customers’ accounts.
Having gained access to bank details, the offenders cannot make a direct transfer. Such an action will be instantly recorded by the support service of the financial institution. For this reason, criminals choose to go around: they scroll stolen funds through gaming sites.
These are the same manipulations with credit cards but on an especially large scale. We are talking about tens of thousands of dollars that are withdrawn from online casino accounts.
Owners of iGaming projects may be caught plotting with criminals and receive a huge fine. To prevent this from happening, it is important to activate AML payment verification.
Monitoring of transfers is mandatory in many European jurisdictions (the UK, Croatia, and many others). For example, in Germany, entrepreneurs must carry out AML checks for all transactions over €2,000.
Many banks offer to withdraw funds during the grace period (it is usually 48 hours).
Gamblers often use this service if they lose a large amount of money in an online casino. Customers contact the bank and report that their card was stolen. Then, the financial institution compensates for the risks from the operator’s account, which remains at a loss.
Affiliate marketing is an effective way to promote entertainment platforms. However, many entrepreneurs use this method to obtain undue advantage.
To quickly increase the number of registrations, affiliates use bots. Partners quickly receive their rewards, and casino owners lose. Registered accounts are fictitious: they hide bots that are not interested in playing on the resource.
It is worth noting the following aspects:
Artificial intelligence can not only bring benefits to the iGaming sector but also openly harm.
This happens when technology is used by hackers. They turn to AI to create bots that unlawfully gain access to accounts, steal personal data, and commit other illegal activities.
Let us consider the most popular and affordable options:
This is a reliable way to make sure that nobody steals confidential information. It is based on encoding the data transferred between the gambler's device and the casino server and cannot be read without the correct decryption key. Only authorised parties can access private sources, and hackers are not included in this category of users.
It is possible to encrypt:
Popular algorithms used on iGaming platforms are:
All such schemes act as an additional safety level, making it extremely hard to perform fraudulent actions (such as identity theft or hacker attacks).
The 2FA mechanism provides access to a gaming site or mobile betting application only after sending several proofs. Customers need to confirm that they own the account and are not just someone who knows the correct password.
Most often, players have to enter a secret code. It is sent in the form of an SMS message to the mobile phone number specified during registration.
The presence of a 2FA system on a gambling platform complicates:
If the two-factor verification does not work, the account holder receives a suspicious activity alert. After that, they can notify online casino managers about it, thus protecting personal data and savings.
Many iGaming platforms go even further and use three-factor authentication instead of a 2FA system. In this case, players need to confirm their identity using biometrics or send a geolocation.
The 3FA mechanism helps protect the resource from offshore scammers. This type of Internet traffic may result in the revocation of the operator's licence. In most countries, it is considered illegal to accept bets from foreign clients.
The solution acts as a barrier that blocks unauthorised access to the casino system and information about gamblers.
The firewall can monitor incoming and outgoing traffic (only approved data is allowed to pass through, and any malicious activity is immediately blocked).
The installation of the product protects online casinos against:
This is a universal solution for virtual gambling establishments. It works synergistically and makes sure that the platforms are not subject to external or internal threats.
Entrepreneurs do not need to worry about technical failures, data breaches, account manipulation, and other fraudulent schemes.
Moreover, the program informs operators about new types of threats that have appeared on the Internet and studies the experience of competitors to effectively combat them. Businessmen receive well-thought-out software that is prepared to ward off any external interference.
The security solution is provided by the following famous brands:
Today, top software vendors pay special attention to the security issue. They not only create bright and interesting content for clients (games and tournament series) but also protect users and B2B partners.
The European manufacturer offers a comprehensive solution for risk management. It can be ordered along with the company’s unique entertainment library.
The main modules of the Playtech Protect program:
The provider has created a universal risk management module. It can be smoothly integrated into the brand’s solutions and added to the functionality of an already-launched casino resource.
The software performs several tasks:
The software identifies clients with multiple accounts, bots, and users with signs of ludomania. Operators receive comprehensive data on each group of customers and instructions for minimising risks.
The industry is exposed to hacker attacks more than other sectors of the economy.
To protect a gaming site, we recommend that you buy high-quality software from the Rosloto studio. We offer software from licensed providers with an excellent reputation in the market.
From us, it is also possible to order the following useful services:
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