Bonus abuse, multi-accounting, and stolen profiles are serious security issues that online casinos face every day. Slotegrator has released a new PDF report detailing how you can spot different kinds of fraud and how the Anti-fraud module of the company’s turnkey solution can help you do it.
Online casino fraud comes in many forms. There’s bonus abuse, where players try to withdraw bonus cash without playing. There’s also multi-accounting, where scammers open armies of fake accounts. And there’s plain-old identity theft, where hackers break into a player's account to steal their personal details (and, of course, funds).
All of them are serious threats to a casino’s bottom line. If word gets out that you’re a soft target for bonus abuse, scammers will flock to your platform for free cash. If you can’t stop them from creating as many accounts as they want, the problem will simply multiply. And if players’ accounts on your platform are hacked, you’ll lose their trust.
What can casinos do?
Luckily, each of these schemes — and others, as well — send up certain red flags, betraying themselves with repeated patterns of behavior. Even though fraud is getting increasingly sophisticated (thanks to, for example, artificial intelligence), there are always telltale signs that something isn’t quite right.
Bonus abusers exhibit certain patterns of behavior when they’re trying to cheat the rollover requirement. Multi-accounters often have to re-use the same personal data for multiple accounts. Hackers trying to log in to your player’s account will be coming from a location that doesn’t match the details on record. And these are just the beginning of the signs you can look out for. But, obviously, this isn’t something you can do manually.
Online casinos handle dizzying volumes of data. There’s simply no way a human could comb through it all to find which logins are legit and which are theft, which withdrawals are honest and which are bonus abusers with ill-gotten gains, and whether a name, address, or email has been used before.
The Anti-fraud module of Slotegrator’s turnkey online casino platform automates security measures, letting companies set risk level thresholds for things like account duplication. Furthermore, companies can filter players by risk level and set bulk actions, so any user who tips the scales in the wrong direction can be instantly banned.
"Whether it’s a bonus abuser trying to cheat the rollover requirement, a multi-accounter using a VPN to hide their location, or a hacker trying to steal a player’s account, Slotegrator’s Anti-fraud module has the tools you need to stop them in their tracks," the business said.
The company has released a new downloadable report covering some of the most common forms of online casino fraud and outlining what actions operators need to take — and, specifically, how the Anti-fraud module of the company’s online casino platform can automate the process.
Download the report to learn how to fight fraud with Slotegrator’s Anti-fraud module.
