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From Trojans to Phishing

Online casinos players are increasingly becoming the targets for extensive cheating activities. Security threats for the internet gambling industry are on the rise because of the large quantities of money that are processed through the sites – top poker players will bet hundreds of thousands of dollars and euros in a week – this leaves them as ripe targets for fraudsters. Then there are the other online casinos players – ones who may bet less but still have funds in their accounts – these players are targeted by phishers – fraudsters who obtain player account information by directing players to sites that may look just like their chosen online casino – but the site is just a front to get player passwords.

Neteller just announced last week that the company’s account holders were the targets of an email-based phishing scheme that would then allow criminals to drain an online casinos players account. The latest surge in illegal activity surrounds the use of Trojans – an infected computer then allows criminals to obtain screen shots of a player’s computer. This is just one of the popular Trojan viruses at this moment. A top online casinos poker professional was targeted by one of these Trojans and lost hundreds of thousands at the poker tables over the course of weeks because criminals in other countries were able to see the player’s hole cards and thus gamble accordingly.

The threats to online casinos players and internet users as a whole are only increasing. Although experts attempt to develop technology to protect gamblers, fraudsters are able to rapidly develop new Trojans and viruses that circumvent protective measures. And unfortunately the internet gambling industry is a prime target for criminal activity because of the nature of gambling.

A chief security researcher at F-Secure, Mikko Hyppönen, cautions online casinos gamblers; "People play [poker] with real money obviously, so they’re a big target.” Hyppönen related the incident of the online poker professional who was the target for a the Trojan incident mentioned above.