The online gambling industry attracts scammers just as the odds of winning attract gamblers. This is where the money is. Literally. This sector has always been a desired target for criminals. That is still the case, so when the platforms went online, so did the scammers. Virtual space is the new battlefield and Kaspersky Fraud Prevention may be your ace up your sleeve. Statistics show that more and more users turn to their mobile devices when accessing online betting platforms.
To protect sensitive information, such as billing and payment details, contact information, and addresses, players can use laborious authentication methods to access their accounts, such as biometrics, devices, or strict creation guidelines. of passwords. However, stored data presents great value to fraudsters, and its acquisition methods and means are constantly evolving.
Account hijacking and promotion abuse are important targets for scammers because of the financial rewards they can achieve. Additionally, money laundering is a looming concern, especially with the prevalence of crypto currencies as a means of payment, something that is becoming an exploitable innovation. Scammers carry out their attacks from multiple devices and different locations, making such crimes incredibly difficult to combat.
Prevention makes interaction with the digital account perfect for verified legitimate users, while forcing suspects to go through additional verification steps. Risk-based authentication (RBA) continually monitors unique parameters of user activity, such as environmental, behavioral, and biometric data, in order to identify authentic user trends. Based on the results, it is possible to restrict or prevent access to criminals before any damage occurs, while tested customers can play their favorite games without the need for additional verification steps. Eliminating additional verification for verified users helps reduce second factor costs.
Considered one of the oldest gambling modalities, sports betting have gained more strength and popularity in Colombia in recent years as it has become an alternative for leisure, entertainment and generating additional income. With the influence of technology and its regularization in the country, this pastime has managed to expand the variety of legal and safe options in different online platforms offering to bet on sports such as cycling, basketball and more than 20 competitions worldwide, apart from the football.