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Topic: is KYC data on Gambling sites safe? - page 2. (Read 2897 times)

sr. member
Activity: 728
Merit: 421
July 05, 2023, 10:29:35 AM
In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.
trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

Wether bankrupt, gaining or loosing members trust or not  if they want to sell clients data , they could do it as that is just their ways. If I may ask do you know what goes on within the team members? I know you would tell me no. That is the more reason there is the possibility of they trading with their clients data which is possibly right. Most people have no Idea all these they do and at some point, they act very strange of blocking and suspending clients account which is very terrible and frame up stories just to get data from the client before releasing the wins to them and in some cases, they do not give them their wins not to talk of their investment..
sr. member
Activity: 2268
Merit: 275
July 05, 2023, 09:07:32 AM

No doubt, the regulations required the gamblers to submit their KYC, as it's one of the requirements from the casino for you to
enjoy the full usages of the platform.

Though there are some that can still allow you to play but with a minimal money involve, but once you request to withdraw larger amounts
the requirements will be implemented and you don't have any other choice but to comply.

It's about trust, as you can't do anything if you need to play or if you need to get your money out.
Previously, when I was new to gambling, I was a little worried if I had to submit my personal data and then verify it, because this involves someone's personal data which is very vulnerable to the possibility of being misused by several other parties. But indeed this is a rule that has been set by all systems and I think this is a natural fear for someone who has just done it. There is no other way but to comply and so far I don't think there has been any negative impact that has come to me after following all these requirements.
hero member
Activity: 462
Merit: 767
Instant cryptocurrency exchange with own reserves!
July 05, 2023, 08:33:49 AM
Every site can be hacked. KYC in casino is same like in some bonus program in the shop. Of course we are talking about well known casinos.
So the only position that can be about KYC is not about casino. If you`re afraid that you data can be stolen - don`t KYC anywhere. The casino`s KYC is just a part of the system - you can`t choose only one casino as the site that can be hacked.
There is nothing safe on the internet. We don't know if a casino will be hacked or not. Some casinos use third-party websites to collect KYC data and some casinos do this themselves. I don't know if casino data was leaked before. Even if they were leaked, they won't announce it publicly. Hackers sell those KYC data on the Dark web. KYC Data can be hacked from any websites like Casinos, exchanges, or any other sites that store users' personal data. You don't know if your data is already stolen. Even the BitcoinTalk database was hacked at some point. Whoever used an old password and still uses that password on other platforms, they are at risk.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 05, 2023, 07:12:46 AM
In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.
trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

Very possible to happen. They can just close the one that is no longer profitable, then start a new one, and that's it. Hard call to each gamblers who are not in favor of providing KYC, though most of the time especially if you are in need of transferring your winning money the chance of being ask for the KYC is really possible, you can't stay anonymous as even in a small amount of funds casino may require you to submit your data for verification purposes.
hero member
Activity: 1246
Merit: 699
July 05, 2023, 06:48:13 AM
In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.
trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.
hero member
Activity: 1652
Merit: 521
Leading Crypto Sports Betting & Casino Platform
July 05, 2023, 06:30:17 AM
-snip-
Every site can be hacked. KYC in casino is same like in some bonus program in the shop. Of course we are talking about well known casinos.
So the only position that can be about KYC is not about casino. If you`re afraid that you data can be stolen - don`t KYC anywhere. The casino`s KYC is just a part of the system - you can`t choose only casino as the site that can be hacked.
Every site can indeed be hacked, but don't you believe that the system on the casino site has also been designed to maintain security from hacking?
What's more, for large, popular casino sites, of course they already have adequate security which can make it difficult for hackers trying to infiltrate the site.

Talking about KYC, we don't need to worry and be afraid to give it because in some time, I'm sure all casinos can implement a KYC system for their customers.
But back to the choice of gamblers whether they wish to gamble in casinos that implement KYC or not.
sr. member
Activity: 728
Merit: 421
July 05, 2023, 05:33:03 AM
KYC is basically a prerequisite for most online casinos. They do this in other to know who they are dealing with. Moreover, it is believed that such policies are mostly from government imposed on most casinos as to know and have details of their clients and how much they spend to know basically their source of wealth.

KYC keeps track of ones activities online and offline one done because I believe government request this from casinos as enshrined in their terms of operations when signing up.

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.
I do not see KYC as safe though but one have no choice than to tag along if you must have asses to those platforms.
hero member
Activity: 2548
Merit: 769
July 05, 2023, 04:46:46 AM
In fact, hacking is more common through kyc sites, because the KYC system of gambling platforms requires you to provide any personal information first, so the risk is high and no one can trust you in gambling, so it is better to stay away from casino kyc sites. Also before choosing a casino you should personally check how the platform works, whether it complies with all the rules, whether it meets the requirements and whether it cheats the players. It is important to know what the user feels during the game. Good casino sites do not require kyc now most casinos have fines in kyc.
Every site can be hacked. KYC in casino is same like in some bonus program in the shop. Of course we are talking about well known casinos.
So the only position that can be about KYC is not about casino. If you`re afraid that you data can be stolen - don`t KYC anywhere. The casino`s KYC is just a part of the system - you can`t choose only casino as the site that can be hacked.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
July 04, 2023, 01:22:21 PM
If you data is secret - the best way don`t share it. Nowadays we see how big companies loose their clients data. So when we talking about casino - we have to assume that our data would be stolen. But as for me - we lose our data every day, and if you worry about it - you mustn`t provide your data anybody, not only casino.
The way things are these days with centralized businesses with regulations and licenses and authorities suing and seizing companies and websites, I doubt if users really have any choice. To be able to gamble online, you will either need to provide KYC information or choose to risk your money by choosing a platform that doesn't ask for KYC but isn't trusted and reputable, now it's up to a gambler which of these two options he chooses.

Personally, I would rather choose a trusted and reputable platform and complete my KYC to experience uninterrupted gambling instead of using a platform that I don't trust nor does the community to risk my money and I might not even be able to withdraw if I manage to win something significant.
legendary
Activity: 2702
Merit: 1465
July 04, 2023, 01:03:46 PM
At the end if you don't want their KYC a lot of casino offering a lower level of it or no KYC.

But the question is, are they reputable enough to trust your money? I believe most of the reputable casinos are already regulated, which means they cannot claim that gambling on their site is 100% anonymous. Eventually, KYC requirements will be imposed, and as gamblers who like to use their services, we will certainly be compelled to comply with such requirements.

No doubt, the regulations required the gamblers to submit their KYC, as it's one of the requirements from the casino for you to
enjoy the full usages of the platform.

Though there are some that can still allow you to play but with a minimal money involve, but once you request to withdraw larger amounts
the requirements will be implemented and you don't have any other choice but to comply.

It's about trust, as you can't do anything if you need to play or if you need to get your money out.
It seems to me that the widespread introduction of identity verification using the KYC procedure will be quite soon. 
Already this summer, most likely, American legislators will finally sort out the status of cryptocurrencies and adopt the appropriate fiscal laws.  It would then be very risky for any casino not to perform the prescribed identity verification. 
However, the KYC verification itself is already outdated and is gradually becoming a thing of the past for the simple reason that the development of digital technologies and the collection of biometric information are gradually making it meaningless to confirm your identity when a bank or casino connected to global systems for collecting personal information + AI is used in these processes  so with a probability of 99.999% they know who you are. 
So in this paradigm, KYC only takes your time for nonsense, but in general it just annoys me whenever it is required of me, although they themselves have already checked it and everyone knows about me.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
July 04, 2023, 07:10:48 AM
At the end if you don't want their KYC a lot of casino offering a lower level of it or no KYC.

But the question is, are they reputable enough to trust your money? I believe most of the reputable casinos are already regulated, which means they cannot claim that gambling on their site is 100% anonymous. Eventually, KYC requirements will be imposed, and as gamblers who like to use their services, we will certainly be compelled to comply with such requirements.

No doubt, the regulations required the gamblers to submit their KYC, as it's one of the requirements from the casino for you to
enjoy the full usages of the platform.

Though there are some that can still allow you to play but with a minimal money involve, but once you request to withdraw larger amounts
the requirements will be implemented and you don't have any other choice but to comply.

It's about trust, as you can't do anything if you need to play or if you need to get your money out.
hero member
Activity: 2982
Merit: 610
July 04, 2023, 06:37:32 AM
At the end if you don't want their KYC a lot of casino offering a lower level of it or no KYC.

But the question is, are they reputable enough to trust your money? I believe most of the reputable casinos are already regulated, which means they cannot claim that gambling on their site is 100% anonymous. Eventually, KYC requirements will be imposed, and as gamblers who like to use their services, we will certainly be compelled to comply with such requirements.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
July 04, 2023, 03:41:22 AM
I don't understand what are people trying to say in this thread!

They start saying KYC is bad, there's nothing safe in online, KYC leaked, I will avoid KYC etc etc and then they would say if the casino is big and reputable I don't mind to submit KYC in the last sentence lol.

If you're think you can't accept to submit KYC, just don't gamble on regulated and licensed casino in the first place.

Some people got an introduction with the gambling casino that is always seeking a KYC verification once they account got tag or something of the gambling casino even though not all part of the KYC is bad. We know we are using now with the crypto currency and anonymity is important but it's their platform it's their rules.
At the first place the player must need to read the terms and the terms conditions to know if there's a minimum requirement to gamble or not. At the end if you don't want their KYC a lot of casino offering a lower level of it or no KYC.
sr. member
Activity: 2226
Merit: 347
July 03, 2023, 06:59:29 PM
I don't understand what are people trying to say in this thread!
They just simply say that saving data online is not safe. That is the point, whatever the place, casino, exchange, drive, cloud, or any provider online is not safe. We've very often talked about this on the forum, I don't know why we are still asking about it. if they still take KYC on the platform, do it at their own risk, and don't blame anyone, especially casinos, or maybe accuse and impeach them of selling customer KYC. At this time, I never heard of any casino where we endorse the signature leaked on the KYC. So if OP wants to be safe, choose one of the signatures we endorse.
Online data security is crucial. Casinos, exchanges, and cloud storage all risk data breaches. We regularly emphasize the need of alertness. KYC complicates matters. Sharing personal data is significant, and platforms must safeguard it. It's about being honest and keeping services responsible, not blaming. We recommend data protection-focused providers here. This recommendation is based on security performance, not lip service. These services provide peace of mind.

Everything stored online or even on cloud would really be having that kind of risks when it comes to exploits and breaches and this is  why it would really be needing that kind of updated and maintained security overtime
because we know that hackers do continue to progress on which they would really be bypassing on everything which they do seem that they could bruteforce and make and snip out money out of it or any valuable things on which they could make money through it.This is why on the time that you have sent out your information online then expect about those certain situations which it might really be that could happen hopefully not
but the risk is always there.

This is why as much as possible i dont really recommend out nor really prefer on platforms on which it do really ask out some documentations or KYC in the first place.
legendary
Activity: 3010
Merit: 1280
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July 03, 2023, 05:55:46 PM
I don't understand what are people trying to say in this thread!
They just simply say that saving data online is not safe. That is the point, whatever the place, casino, exchange, drive, cloud, or any provider online is not safe. We've very often talked about this on the forum, I don't know why we are still asking about it. if they still take KYC on the platform, do it at their own risk, and don't blame anyone, especially casinos, or maybe accuse and impeach them of selling customer KYC. At this time, I never heard of any casino where we endorse the signature leaked on the KYC. So if OP wants to be safe, choose one of the signatures we endorse.

As far as my understanding is related to the internet or digital world, nothing is truly safe. even all of them have the potential, that our data can be misused if the KYC service provider commits irregularities. Or, the site is hacked and everything is at risk. well, so we agree with what you mentioned. in fact, the devices that we use, be it PCs, Smartphones, have the potential to leak if someone hacks them. it's just that, the question is what are they hacking for if they don't have the interests they want. in short, anything related to the Internet, absolutely nothing guarantees 100% security. I mean, trouble can come from anywhere.

In online activities, there is always a chance that a site or a data storage can be breached or hacked.  So we really cannot say 100% that the KYC data on gambling sites are safe.  Besides, I believe that the casino does not handle the KYC process but rather a third-party company that is expert on verifying the validity of the documents is hired to process the KYC.

Regarding KYC, this has always been a problem for us in the community. this problem, there will always be pros and cons. for me personally, no problem with KYC. as long as the gambling site I use has requirements that meet my own standards, I will be willing to perform KYC on a site that I trust conditionally. they have a credible license + reputation that I can trust. thus, I will not be in trouble if I am required to meet requirements that require doing KYC.

I also don't find a legitimate platform asking for KYC a problem.  As long as they are licensed and their action is bound by the law, they are also bound with the data privacy act which can secure us that they will not leak our identities unless their user data has been breached.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
July 03, 2023, 04:46:42 PM
I don't understand what are people trying to say in this thread!
They just simply say that saving data online is not safe. That is the point, whatever the place, casino, exchange, drive, cloud, or any provider online is not safe. We've very often talked about this on the forum, I don't know why we are still asking about it. if they still take KYC on the platform, do it at their own risk, and don't blame anyone, especially casinos, or maybe accuse and impeach them of selling customer KYC. At this time, I never heard of any casino where we endorse the signature leaked on the KYC. So if OP wants to be safe, choose one of the signatures we endorse.

As far as my understanding is related to the internet or digital world, nothing is truly safe. even all of them have the potential, that our data can be misused if the KYC service provider commits irregularities. Or, the site is hacked and everything is at risk. well, so we agree with what you mentioned. in fact, the devices that we use, be it PCs, Smartphones, have the potential to leak if someone hacks them. it's just that, the question is what are they hacking for if they don't have the interests they want. in short, anything related to the Internet, absolutely nothing guarantees 100% security. I mean, trouble can come from anywhere.

Regarding KYC, this has always been a problem for us in the community. this problem, there will always be pros and cons. for me personally, no problem with KYC. as long as the gambling site I use has requirements that meet my own standards, I will be willing to perform KYC on a site that I trust conditionally. they have a credible license + reputation that I can trust. thus, I will not be in trouble if I am required to meet requirements that require doing KYC.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
July 03, 2023, 04:01:16 PM
Firstly, all casinos have the obligation to ask for your credential to see your age, which is essential if you are over 18+ since all casinos do so. Secondly, they send their documents to avoid money laundering or any illegal suspicion.

Yes this is one of method use by casino to know if there costumer is at legal age so players should understand that casino need to comply with this or else they will be the one penalized by the law. If they can't afford to do KYC much better if they could just leave the casino which implement that and seek for another casino which still doesn't require this. But the downside with this is almost all new casino doesn't require this and yet we don't know if we can trust them.

That's the risk. We don't know if the site is regulated by government laws. Like both of you, the process of KYC is to know
if whether the player is already in a legal age and they are not committing money laundering.

It's enforced by law to submit this information, else, the government will suspend the casino permit to facilitate. In terms of trust
if you are willing to submit your information.

All need to research as there are many casino sites and you need to pick which site you think will take care of your private information.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
July 03, 2023, 06:34:14 AM
I don't understand what are people trying to say in this thread!
They just simply say that saving data online is not safe. That is the point, whatever the place, casino, exchange, drive, cloud, or any provider online is not safe. We've very often talked about this on the forum, I don't know why we are still asking about it. if they still take KYC on the platform, do it at their own risk, and don't blame anyone, especially casinos, or maybe accuse and impeach them of selling customer KYC. At this time, I never heard of any casino where we endorse the signature leaked on the KYC. So if OP wants to be safe, choose one of the signatures we endorse.
Online data security is crucial. Casinos, exchanges, and cloud storage all risk data breaches. We regularly emphasize the need of alertness. KYC complicates matters. Sharing personal data is significant, and platforms must safeguard it. It's about being honest and keeping services responsible, not blaming. We recommend data protection-focused providers here. This recommendation is based on security performance, not lip service. These services provide peace of mind.
sr. member
Activity: 1022
Merit: 363
July 03, 2023, 05:56:02 AM
Firstly, all casinos have the obligation to ask for your credential to see your age, which is essential if you are over 18+ since all casinos do so. Secondly, they send their documents to avoid money laundering or any illegal suspicion.

Yes this is one of method use by casino to know if there costumer is at legal age so players should understand that casino need to comply with this or else they will be the one penalized by the law. If they can't afford to do KYC much better if they could just leave the casino which implement that and seek for another casino which still doesn't require this. But the downside with this is almost all new casino doesn't require this and yet we don't know if we can trust them.
hero member
Activity: 882
Merit: 792
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July 03, 2023, 04:33:22 AM
Kyc actually has a function to prevent dangerous actions, such as money laundering.
Why does it happen that KYC is only asked when you try to withdraw money? Can't your funds come from illegal activities if you lose all the money in online casino?
Here is the thing: Casinos know that the real reason people don't submit KYC data is because of data leaks and at the same time these casinos know that they don't have top-notch security on KYC documents. But at the same time they know that regulations allow them to ask for KYC to their customers. It's like, they know people don't like KYC and some even lose their money and don't submit KYC, but on another hand, regulations allow them to ask for KYC, so, casinos are like, why not?
If you want the KYC, ask me when I register or deposit money, why do you ask me when I try to withdraw money?
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