There are numerous threats to the safety and integrity of online casinos and gambling sites. To begin, some unscrupulous individuals working from the outside launch attacks to commit fraud while sitting comfortably in their own homes or elsewhere (for that matter). Following that, some employees are in administrative positions but are stealing customer information. But, before we get there, let’s look at some of the most common types of cyberattacks in the gambling industry.
Abusing the speed at which the game is played is a common practice that has been prevalent in the casino and online gambling industries for a long time. The primary objective of this automated threat is to provide players with unfair advantages by breaking the rules of the game. It does this by utilizing bots, which speed up time-consuming actions and make them more efficient.
Rush attacks have a negative impact on the appeal of the game to users, result in a loss of revenue from subscriptions, and may even put your reputation as an online game service provider in jeopardy.
By flooding gambling websites with an abnormally high volume of traffic, cybercriminals can initiate Distributed Denial of Service (DDoS) attacks against those websites. These attacks might just cause your website to load a little more slowly, or they might even bring it down entirely.
As a direct consequence of this, the players eventually lose interest in the gambling company and begin playing for one of the company’s rivals instead.
Another form of automated attack, known as “scraping,” involves the use of bots that have been created by cybercriminals in order to steal data from APIs, websites, and databases. After that, the hackers exploit gambling operations using the information they obtained.
Scrapers routinely raise the risk of latency on gambling websites by requesting an excessive amount of bandwidth. As a result, legitimate customers frequently experience sluggish load times as a direct result of scrapers.
Attacks on accounts that have been hijacked
The online gambling industry is faced with a challenging and difficult challenge in the form of account takeover attacks. In order to commit identity theft or financial fraud, hackers will sometimes gain unauthorized access to the profile of a legitimate user.
They steal from those participating in gambling activities, and afterward they sell the stolen goods on the underground market. They deceive their victims into clicking on links that take them to malicious websites or into accepting malicious friend requests that they send them via Facebook.
SQL code was injected
An SQL injection attack takes place when a hacker inserts malicious Structured Query Language (SQL) statements into a database server in order to take control of the server and add, modify, or delete data as they see fit. This allows the hacker to perform operations such as adding, modifying, or deleting data as they see fit.
If malicious actors can get around validation and approval checkpoints, application security measures will be much easier to circumvent for them. Attackers will typically use this method of attack in order to gain access to sensitive information such as personal data, intellectual property belonging to gamblers, customer information, gaming secrets, and other sensitive data.
How LoginRadius Can Make Your Online Gaming Experience Much Better and Why You Should Use It
LoginRadius is a robust customer identity and access management (CIAM) platform that safeguards the identities of online gamblers and prevents even the most advanced bots from compromising the integrity of the gaming provider. It can identify and stop automated threats such as accelerating, scraping, account takeover, and distributed denial of service attacks, amongst others, among its many other capabilities. The following provides an explanation of how the LoginRadius platform shields the gaming industry from potentially damaging bot attacks while also significantly enhancing the overall customer experience.
Multi-Factor Authentication: The platform adds additional layers of security by enabling two-factor or multifactor authentication on both player and admin accounts. These authentication methods can be used in combination. Validating the user’s identity can be accomplished with the help of these authentication methods. In addition to that, it includes the management of data in real time and the analysis of fraudulent activity.
Passwordless Login: By eliminating the use of passwords, it is possible to improve gambler retention and loyalty. This is because there will be no passwords to hack into in the first place. Logging in without a password is becoming increasingly popular. There is also a one-touch login feature that allows customers to log in with a magic link or one-time password.
International Regulation Compliance: LoginRadius complies with all major international regulations, including COPPA, CCPA, and GDPR. Users under the age of 18 are not permitted to register on the platform.
Gambling service providers can obtain a comprehensive view of their customer demographics and identify abnormal user activity if they have access to a 360-degree view of their operations. The purpose of this is to assist them in better understanding the behavior of players so that they can improve the experiences those players have.
Since it was introduced to the LoginRadius identity platform, the Consent Management feature has quickly emerged as one of the product’s most sought-after additions. This functionality is in charge of managing gamblers’ consent with regard to the collection, storage, and communication of data. They also have the ability to alter the permissions that are currently in effect, should this become necessary.
Because it is so important to keep a healthy social distance in light of the COVID crisis, an increasing number of people are seeking refuge in the gambling industry, which is worth multiple billions of dollars. It is of the utmost importance to safeguard websites relating to gambling, such as online casinos, betting sites, and gambling domains, from malicious bots.
Given the ongoing pandemic situation, gambling service providers have a responsibility to make it a top priority to ensure that gambling is fair, devoid of any illegal activity, and safe for young people. You will have access to all of these different touchpoints if you make use of a CIAM platform.