Cybersecurity plays an essential role in every sector of any financial institution. But here we are specially talking about live casinos. The live casinos are 100% legal and safe as their cybersecurity is highly protective.
Due to their day to day huge transactions, they spent a large amount of their earning on the cybersecurity of live casinos. There are mainly three reasons for this cybersecurity.
- Live casinos are legal gambling sites as it holds and deals with delicate information about their customers like names, addresses, bank details, and even the betting history.
- The players also deposit their money in the casinos. There is a constant flow of money in both directions.
- If any live casino is not 100% secure, then they face a lot of issues regarding cybersecurity and the trust of their customers.
The cost of Cyberattacks:
The cyberattack causes reputational damage that forces the well- established business to collapse or even beyond. One of the significant attacks by the IT professional Ashley Mitchell. He stoles 400 billion chips (worth 7.4 million euro) from an American poker site in 2011. But he was caught and sentenced to prison for two years. If this happened to the great and successful live casinos, they will also deadly wounded.
The greatest fear of any casino is that it's going to be the target of a Distributed Denial of Service (DDoS) attack that will definitely paralyze the business. Most of the casinos are being available 24/7 for their customers. If an attack happens that compromises this ability is treated very seriously.
The DDoS attack involves hackers gaining control over the devices which are unsecured on a network before flooding a website with an unmanageable level of requests by bots. The volume of requests can easily paralyze the server.
For offering protection to the customers, various strategies have been followed by many organizations and business persons.
a. Black Hole Routing
A DDoS black hole routing is a counter step to alleviate a DDoS attack in which network traffic is routed into a "black hole" and is lost. But while using this we should keep a thing in mind, if it is accomplished without any curtailment criteria, both the authorised and malicious network is subjugated to a null.
For any organization that has no other means of blocking an attack, blackhole is widely suitable for them.
b. Rate Limiting
It is also a widely used option to protect live casinos. But it doesn't defend the live casinos from complex attacks. Rate limiting has the potential to slow down the traffic enough to at the minimum let the site continue working until the issue has been thrash out.
c. Web Application firewall
We can assume that all live casinos have an effective web application firewall. It is peculiarly productive when the attack is on the "Application Layer" of a site and can help to filter out communications that have been dispatched with malicious intent. Another useful feature of this method is that it can quickly customize itself to identify and separate the legitimate traffic from that associated with an attack.
d. Anycast network diffusion
Anycast network diffusion is one of the most effective methods that is utilised in a DDoS attack. It works in a similar way as diverting a flooding river into a series of smaller streams. It achieves while using a network of distributed servers that can successfully absorb the traffic without disruption.
Conclusion
We concluded that every live casino's first priority is their cybersecurity. They spent large sums of their money on this. And there are many people who think that these casinos are illegal or not secure, but I want to inform you that these are legal and highly secured.