In today’s virtual world, all online activities are at risk of falling victim to hacking attacks, and online casinos and people who bet on F1 or some other sport are no exception. Actually, given that online gambling sites usually hold personal information, bank details of clients and other lucrative data, these websites are even more attractive to hackers for data theft and malware attacks.
Cybercrime is a genuine threat that online casinos have to fend off as a hacking incident could lead to great financial losses and put a dent into the casino’s reputation.
So let’s see how online casinos can be hacked and what can be done to avoid this from happening.
Hackers have become very skilled when it comes to bypassing security safeguards in order to break into casino machines, deny services to gambling websites, phish information out of gamblers or hold gambling goods to ransom.
Phishing attacks are a type of threat that can affect both companies and online gamblers. For those who don’t know how these attacks work, they are basically social engineering schemes used by hackers to obtain user data, such as login details and credit card numbers, through trickery.
The attackers posing as trusted entities may send an email or instant message to the victims and trick them to provide their username and password for their casino accounts promising rewards or other benefits. They can attach a rogue program to the email promising guaranteed wins at online casinos, but actually, be sending malware to infect the user’s computer.
If a hacker manages to obtain the login credentials of a casino employee in charge of running the website, they could deny services, deface the website’s pages or steal user data in bulk.
Password Cracking is another type of hacking attack in which the hackers either guess or crack users’ passwords in order to gain access to their online accounts and all the information they have stored there, including bank details.
Malware is the most common type of hacking tool used in cyber-attacks these days. Viruses, worms, malicious code or nasty Trojans can end up on unprotected gambling machines and grant hackers access to personal information and gaming assets of gamblers.
The truth is that online casinos are a perfect target for hackers due to the high number of financial transactions taking place daily. So what can be done to avoid these types of attacks?
First of all, online casinos must have inbuilt security systems to fend off hacking attacks/malware and protect user accounts.
Players, on the other hand, should be made aware of the risks and taught good practices to use proper security tools (like trusty antimalware solutions) and strong passwords when using online gambling sites.