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Topic: How to spot a scam - Bojoko article - page 2. (Read 347 times)

full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
September 09, 2019, 03:27:32 PM
#5
Online Casinos are already being regulated worldwide. I don't think we need any impute from a security company who may be out for their own interested rather than that of Casino companies or Casino players. Even if they finds scam, what are they gonna do about it? Do they have the power to enforce anything?
Well finding scam and exposing it can also make a very big difference. Catching scammers and bringing them to justice is almost impossible in the crypto sphere since cryptocurrencies and not yet regulated and accepted by a number of governments, but we can help sensitive people on how to identify scam and avoid getting scammers.

Thou some people may not do due diligence before  using a service, some others who try to do background will be lucky to avoid being scammed

It is a big help already by giving warning signals to all potential users of scam site. It is actually the player's responsibility to do his homework before sending any money to any website. If he was being deceived or scammed, it is his own fault if he finds later on that the site is a scrupulous one. He should do the background check at first before playing in any of them.
legendary
Activity: 2324
Merit: 1258
Heisenberg
September 09, 2019, 03:21:48 PM
#4
Online Casinos are already being regulated worldwide. I don't think we need any impute from a security company who may be out for their own interested rather than that of Casino companies or Casino players. Even if they finds scam, what are they gonna do about it? Do they have the power to enforce anything?
Well finding scam and exposing it can also make a very big difference. Catching scammers and bringing them to justice is almost impossible in the crypto sphere since cryptocurrencies and not yet regulated and accepted by a number of governments, but we can help sensitive people on how to identify scam and avoid getting scammers.

Thou some people may not do due diligence before  using a service, some others who try to do background will be lucky to avoid being scammed
jr. member
Activity: 34
Merit: 6
September 09, 2019, 02:38:50 PM
#3
In Hedgehog case it is all about trying to improve game providers and online casinos services and improving their safety. This is directly from the article that we
recommend reading.

Quote
This sometimes means trying to hack into an online casino site to identify any vulnerabilities and report back to the operator with any improvements they can make.

Peter says that there is no such thing as unhackabale or completely secure but that on the whole, online casino sites, especially those licensed by the UK Gambling Commission, are secure.

"Most use the latest technologies to aid in the defence and go through routine and regular external security assessments with penetration testing firms.

But in the majority, they stick to the tried and tested route for security validation and rarely ask the testing firm to go all the way.

It is often a budget issue but also a lack of risk awareness on the part of the operator."
member
Activity: 182
Merit: 31
September 09, 2019, 10:20:27 AM
#2
Online Casinos are already being regulated worldwide. I don't think we need any impute from a security company who may be out for their own interested rather than that of Casino companies or Casino players. Even if they finds scam, what are they gonna do about it? Do they have the power to enforce anything?
jr. member
Activity: 34
Merit: 6
September 09, 2019, 06:14:26 AM
#1
Hi Bitcoin community and gambling enthusiasts!

We have recently published our newest article in Bojoko.com and it's about very interesting and very serious topic, scams. The cryptocurrency space such as the gambling industry have always had scammers, cheaters and frauds and it is difficult to stay away from these as they are becoming more and more professional. The question is, how could we avoid them?

Should we regulate more? Should we teach and educate about the risks involved? In the article we interviewed Peter Bassill who is the founder of Hedgehog Security. Peter and his company are testing online casinos and trying to break their cyber security and helping online casinos prevent any scams from happening. Article also has advice what to do, if you have been subject to an online casino scam.

Please, read the full article here: https://bojoko.com/stories/online-casino-security-and-scams/

Have you ever been scammed and what do you think should be done to prevent scams in the future?
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