With data being a hot topic in the tech industry and more and more requests for personal data occurring daily—whether it’s requiring your date of birth or email address to enter a website—there is a growing need for cybersecurity, especially within the iGaming space, which has seen a rise in attacks during and after the pandemic.
So, how do companies like Altenar, a sportsbook software provider, mitigate such threats as an expanding and growing sports betting business and protect their network of partnered operators?
Interviewing Altenar’s Technical Compliance Manager, Marina Zacharopoulou, offered insights into how a growing business—with continuously evolving software and a rising number of global end users—can successfully navigate the landscape of data protection.
Marina began, “We know that when an end user creates an account, they are immediately required to provide a large amount of data and personal information in order to gamble. In some countries, it is even necessary to provide your social security number. Due to the vast amount of data collected on operators’ platforms and in gaming software in general, we can all agree that these systems are among the most vulnerable to data breaches. Since the start of the COVID pandemic, we’ve seen an increase in attacks on gambling platforms and casinos.”
Marina continued, “Now, two years after the pandemic, we still see numerous breaches daily targeting online gambling platforms. The question is: how can we mitigate it? How can we avoid it altogether if possible?”
Establishing Privacy Cultures in Companies | Altenar
The general idea—though potentially complicated to apply across the board—is that companies need to create privacy-minded cultures, follow the laws and regulatory frameworks applicable to them, and, in turn, adhere to clear guidelines around the safe storage and retention of data, as well as honoring all obligations in the event of a data breach.
Encouragingly, more is being done to strengthen the cybersecurity landscape and help protect gamblers and their data. Marina noted, “I would say it’s both impressive and encouraging that we’re seeing gambling authorities engage with national centers for cybersecurity and data protection.”
Getting insight from Altenar’s Technical Compliance Manager, Marina Zacharopoulou, brought valuable clarity to what must—and is—being done to reduce cybersecurity risks across the European betting landscape, and how Altenar continuously strives to implement the latest laws, expertise, and infrastructures to better protect its operators and their players.
Marina concluded, “What does Altenar do? We stay armed and ready to combat any threat. Through ongoing employee training, continuous communication with our operators, suppliers, and—most importantly—regulatory bodies, cybersecurity and data protection remain top priorities for our organization and our customers.”
You can learn more about how secure Altenar’s sports betting solutions are by contacting the team today to book a meeting!
