Online businesses like Ice Casino have to evolve their security systems. If you think about it, cybercrime is a matter of escalation. As a company makes a secure site, hackers will eventually worm their way in.
Many websites are not safe, especially casinos, because online casinos have financial data like credit card numbers. In this article, we will explore how gambling sites are evolving or improving their cybersecurity standards and strategies.
1. Multi-Factor Authentication
The first order of the day is to ensure that the casino has multi-factor authentication. It is a process where a user can’t log in, let alone use the system unless they complete a second type of verification. What it means is that after a user enters a password, he has to validate his login attempt via:
- Email confirmation.
- Code sent by phone.
There are other ways to do this, and many website operators, not just casinos are now using this as a standard. How does it help prevent attacks? For one, it is easier to verify someone’s identity via phone, provided that the user is not using a burner phone.
In some scenarios, a hacker can get inside a casino system by using the login credentials of a common user, especially that of an employee. With 2-factor authentication, it would be harder for a hacker to penetrate the defenses of an online casino.
Better yet, a casino can improve its security by making all employees log in only via the usage of a token that randomly produces a code.
2. Use of Cryptocurrency
Another way casinos can help reduce the occurrence of cybercrime is by implementing cryptocurrency as a mode of payment or financial transactions. Why is this safe? For one, it is harder to fake cryptocurrency transactions. Cryptos are decentralized, which means that one cannot easily hack and take over the system.
Cryptocurrency has an immutable nature when it comes to security. Once a transaction is completed, no one can alter this anymore. It is not like credit card transactions.
Cryptocurrency transactions also have better transparency and accountability. The blockchain itself is the public ledger, and it is a public record verifiable by everybody. Since everyone’s transaction is recorded, one cannot just fake it and hide the same way they would via credit cards.
Overall, we can say that if casinos use crypto only, they are protecting themselves against cybersecurity exposures that typically happen in the typical financial world.
3. Comply With International Standards
In the world of finance, there is a thing called PCI DSS. It stands for Payment Card Industry Data Security Standard, which was made by the major credit card companies in 2004. They created this standard to ensure that people who use credit cards are protected.
Because of this, companies that want to process payments from credit card companies must comply with the PCI DSS standards. There are many of them, and below are some examples:
- Maintain a strong firewall.
- Protect the stored personal and financial data of the users or credit card holders.
- Encrypt all data before, during, and after transmission.
- Use an anti-virus program and update it all the time.
- Restrict the access to the information of the cardholder to specific people only.
A casino must comply with all these to prevent cybersecurity failures. In essence, the PCI DSS standards already have the main ingredients for online casino operators to keep their casino operations safe.
4. Protection from DDoS Attacks
DDoS means denial of service. It happens when a hacker sends a lot of requests to a website’s servers that it goes crashing down. Once the website is down, the hacker can now hold the casino’s operations hostage and demand ransom money. Casinos are not just the target, but also other big-time businesses that earn money online.
One of the ways by which the casino industry has evolved its cybersecurity systems is by preparing for this occurrence. There are several ways by which the casinos protect themselves:
- Protection from application-layer attacks.
- Preparation to mitigate and prevent protocol attacks.
- Protection from volumetric attacks.
Operators of huge online businesses employ the services of security experts. They implement processes and procedures like attack surface reduction, anycast network diffusion, and real-time adaptive threat monitoring.
Many casino operators also employ what is called rate limiting. It is a process where the casino’s system blocks the request of a user who keeps sending requests to their servers. This blockage will be in place for a certain length of time, therefore preventing the casino’s servers from being overwhelmed.
The casino industry is a target of hackers and cybercriminals because there is money on these sites. As such, these companies must do what they can to improve their levels of security and ensure that they can protect consumer data. Not only that, but they must also protect their games — otherwise, hackers can manipulate the results.
