Stephen Manson

Expert in Cyber Security

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Online Betting System Security

While most industries are now taking the online security of their websites very seriously, none are taking greater pains to protect their customers than the online gambling sector. Ever since the earliest casino websites appeared on the internet more than two decades ago, protecting punters and, indeed, the casinos themselves from fraud has always been a primary concern. With hackers and cybercriminals becoming ever-more sophisticated in the techniques that they use, it’s no wonder that online betting sites are adopting state of the art security systems.


How Does The Online Betting Industry Guard Against Cybercrime?

Оnline casinos have an outstanding track record when it comes to preventing loss through cyber crime.

For those who like to bet online, the good news is that online casinos have an outstanding track record when it comes to preventing loss through cyber crime, especially when compared to many other industries. To get their hands on an operational licence, betting sites need to meet several different criteria, and one of the key ones is to be able to demonstrate how they maintain security levels of their site. Online betting sites use 128-bit encryption which is theoretically unbreakable on top of remote back ups of customer data and information. This means that, should a site become a victim of cybercrime and end up being taken offline, all the key data will remain secure.


Secure Payment Systems

Reliable online betting sites only use highly secure payment systems to process players’ funds. This means that when accepting payments via credit or debit card they use the 3D Secure system. They also use very secure online e-Wallets like Skrill and Neteller that have additional levels of security for the players’ peace of mind as well as the protection of those running the online casinos and betting sites. Some betting sites are also now accepting cryptocurrencies, partly because of customer demand, but also partly because of the excellent level of security that they offer for both the site and the user.

Secure online e-Wallets like Skrill and Neteller that have additional levels of security for the players

Future Betting Cyber Security Trends

Online betting sector is investing in the latest technology and advances in cybersecurity.The online betting sector is investing considerable time and money in adapting to the latest technology and advances in cybersecurity to ensure the utmost protection. They also put a lot of resources into ensuring that networks stay secure for the long term. However, this is no mean feat when it comes to online betting since this industry is constantly in flux with mobile gambling now presenting new challenges and newer SMS -based depositing methods causing security headaches. Online casinos are, in theory, the ideal place for money laundering and so the battle is a long way from being won. Nevertheless, by staying on top of the latest trends, it’s possible for online betting sites to cope effectively with the risks that even the savviest cybercriminals pose, and this has been borne out by the lack of serious hacking attacks on online casinos and sports betting sites over the last twenty years. It seems clear, then, that the online betting industry will be staying ahead of the crowd when it comes to cybersecurity for the foreseeable future.