Betcoin.ag/PlayBetr.com/Coinbet.ag data breach from former programmer of the software provider. Even though the ex-employee was able to see balances, there wasn't a threat of losing funds. Sportsbooks are under constant attacks from hackers.
After an in-depth investigation into this matter, it was determined that a former programmer of the software provider, who had legitimate access, was able to gain additional access and download the database of Betcoin and several other licensees of the software. After this relationship was terminated, he no longer had any access to the database and at no time did he have access to any company or user funds. This is a very serious situation and we immediately devoted all resources to it once we were informed of it.
We are bombarded by threats, DDOS and extortion attempts on a daily basis and each one improves our security. We are extremely regretful that this incident took place, but at no time was anyone’s passwords or funds in jeopardy. We do recommend that all players use a high-level password for both their email and Betcoin accounts and that you activate 2fa for additional security. If anyone needs assistance with an email or password change or setting up 2fa, please contact us any time.
We wish to thank all of our players who have been so loyal to us since we first started in 2013. In this new age of technology, you often hear about some of the largest companies in the world having been breached and unfortunately, this is how new security methods are created. But we are happy to say that, throughout these 6 years, we have never had a player balance or password compromised. We will continue to improve and refine our security methods and we look forward to the next 6 years and beyond of serving our great players. If you have any questions or concerns, please let us know via DM, support ticket or email.