While the identity authentication techniques and geolocation software online gambling operators use have become sophisticated, so have the methods used to circumvent them. ThreatMetrix notes that the recent availability of more sophisticated location spoofing tools has led to a surge in fraudsters attempting to disguise their true locations.<\/p>\n
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Many players use tools such as VPNs if they are based in a jurisdiction where online gambling is illegal, but they can also be used as a smokescreen to enable money-laundering.<\/p>\n<\/div>\n
\u201cTo deal with these challenges, gaming and gambling operators must incorporate dynamic digital identity intelligence that pieces together key indicators such as device intelligence, true geolocation, online identity credentials and threat analysis, to better inform risk decisions,\u201d said Burns. \u201cThe key is to be able to effectively differentiate trusted users from fraudsters and understand changes in trusted user behavior, without adding unnecessary friction.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Spoofing has become the number-one cyber threat to the online gambling industry, according to a report by ThreatMetrix. The internet risk solutions company described spoofing as the \u201cfastest growing attack vector in the space\u201d with a 257 percent increase year over year and as many as one in every 20 new online gambling accounts identified […]<\/p>\n","protected":false},"author":36,"featured_media":90879,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,16693],"tags":[],"acf":[],"yoast_head":"\n
Spoofing is Now the Online Gambling Industry\u2019s Biggest Cyber Headache<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n