That is why many casinos take the option of having their funds very safe in cold wallets, some make the same strategies that consist of putting their money there and then that the players play with local money from the same casino so that there is no problem with real money, usually there are few casinos that do this type of practice because the security to put it in the same casino must be very high, you cannot risk so much money so that a hacker with a lot of skill can access and take all the money, this is something that everyone is careful about, for that reason I think that's a very smart way to protect yourself.
The hardest thing one goes through is giving away your hard earned money through your own hand. And then repenting on it.
The wise man would not test the depth of the water with both feet. So better safe than sorry and stay away from trouble as much as you could.
When you do have lots of money whether physically or on digital ones then you are always susceptible to risk which means doesnt matter on where you are , you should really still be mindful about security of your funds even though you are making yourself prepared but there's always those unexpected things.
Set security measures or having those options on how much you would be putting on a particular platform or making deposits but if you are just a small time gambler then i dont see that it would really be just that a serious matter for you.
No matter how much money we have, we really have to implement security measures and know how much we can deposit into our gambling accounts so that if something happens at the casino, it won't pose a huge risk to us. If we want to test a casino site, use the money we can afford to lose rather than risk a huge loss. That means we have tried to be responsible and wise gamblers because we don't deposit much money directly into the casino. In addition, we also want to see how safe the casino is before we deposit money again to play gambling.
Yes, if we dont like to lose money then security measures should be standard.Nothing is unhackable on this world even how tight the security is then lets presume that it could really be bypassed or breached out which simply means that it is really that necessary or important on having these considerations.
Hackers are just waiting for the right time or moment whenever they do see some exploits then they would really be taking advantage of it.
On having a business like this then putting up budget and tight security should one of the priority.
You are right, when we allocate our money to any betting house, it risks itself, there is always an apparent risk, but we have cases where casinos are very safe such as stake.com, bitcasino, io, Sportsbet, dueltbits, Roobet , where nothing in particular against hacking is put into context, and the funds of the clients remain in a very good place, well kept and safely, of course this greatly influences the security that the casino allocates to having so that the funds of people always remain safe, this already has a lot to do with the quality of the casino.
At present casinos have come out that are very good, but with many vulnerabilities and sometimes they go bankrupt quickly and this is something that does not give anyone confidence in having their money, I think this is the greatest vulnerability of all.
Inside job can happen and I agree with the developers responsibilities with the system, they are the one who's holding the key information and vulnerabilities can be started on them, if they are not responsible from what they are doing or if they are not doing their job in securing the site/platform
I think we forgot to talk about one of the most dangerous attacks which is social engineering. Human are the weakest ring of the chain.
It doesn't matter how secure the casino servers or the platform codes are or how experienced the security team is if one of the staff can be easily manipulated or fooled. A casino can get hacked and customers funds stolen just because an unaware customer support agent clicked on a malicious link he got on a phishing email.
Security awareness training is as important as securing servers and vulnerability patching.
And not just for casino but it applies to all the companies/businesses. Hackers are also upgrading and improving they will use all the avenues that they can penetrate and a single mistake will cause a big problem to the company, though it's already been known by many companies and they are aware how this kind of mistake will harmed their business, providing proper trainings and extending levels of support from their firewalls chances for human mistake still the big concern.
The fact that business owners are really doing their best to make sure that they are fully aware of any consequences, and they are equipping their business with knowledge and good customer support, something that gives gamblers a little assurance to continue playing.
Hackers are everywhere, with any tracking algorithm they manage to sneak under any operating system, casinos handle much more acute security, I think it could be the best in the world, where no antivirus is capable of reaching, if we take this into account , what comes to my mind the most is the amount of ransomware that is being developed everywhere, where even the emails of particular people are attacked, the algorithm is so elusive that anyone is able to reach it . Of course, hackers go for the big fish. , but not for people who do not have the ability to pay for any information, there are people who do not even care that their data is on the web, so the casinos do have a lot to lose, not only the data of their users but the money they can be compromised.
this is true, attacks exist in different forms, just as in the. case on a house, the casino gambling attack bring down the whole system into a costly ransom but prevention will always be better than cure in handling vulnerabilities that can make such happens.
I have been able to read many cases where some people in particular were attacked and extorted for intimate videos, where if an amount was not paid in BTC they were scavenged to the internet network, and many have paid and are still paying, these hackers found their way live like this, then if they are able to get here, to the casinos too, what happens is that the firewalls and the different types of security they have do not allow it but to a certain extent, the vulnerability in the security of a casino depends on the amount of money you spend on it, usually the ones who best protect a network are the same white hat hackers.
