How Online Casinos Prioritize Tackling Fraud
As the rate of innovation in the digital world continues to evolve at a rapid pace, websites that process sensitive information – like online casinos – become more and more vulnerable to fraud. Fraud cases, including identity theft, phishing, and payment fraud are a growing concern, with online casinos being a prime target due to the large volumes of deposits and withdrawals that are handled daily. Recent findings show that online gambling and betting fraud increased by 80% from 2022 to 2023.