4 Ways To Keep Your Financial Information Safe When Gambling Online

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Cybersecurity continues to be a concern for any web-based service. More and more cybercrooks try to infiltrate unwary sites, wreaking havoc not only to the business, but also to customers and users of these sites. Online casinos are no exception. Not all online casinos are as safe as 755m so certain steps have to be taken in order to ensure that you can play worry-free.

Here are some ways on how you can keep your financial information safe when gambling online:

1.   Play only on trusted online casinos.

Not all online gambling platforms offer the highest level of security. There might even be some that are really designed to scam players to get their financial information and use them for fraudulent transactions. So it’s really important to play on trusted online casinos.

Some of the ways you can assess the trustworthiness of an online casino is if it makes use of a secured website by making use of standard measures such as Secure Sockets Layer or SSL. Payment channels should also be secure and make use of industry standards in payment channel protection. Of course, licenses from regulators also help boost the credibility of an online site so play only on licensed gambling platforms.

2.   Use strong passwords for your online gambling accounts

Just like in online banking or even in social media, password strength goes a long way in keeping you safe from hackers. By making use of strong passwords, it will be harder for your account to be compromised.

And if you play on numerous sites, make sure that you keep unique passwords for all of them so that even if one is compromised, they won’t be able to easily do the same for your other accounts.

Get to know the do’s and don’ts of passwords and apply them to your online casino accounts.

3.   Make use of trusted payment channels

Payment channels are usually independent from the web-based services you’re doing business with. While there are more and more payment channels such as e-wallets that are becoming available, it’s still a good idea to only stick with trusted ones such as Mastercard, Visa, and PayPal.

These channels implement their own security measures to ensure the safety of their clients, and can even help you in case of fraud.

4.   If possible, use a separate payment account

This might be taking it a step further but it’s a good practice to use a payment option that you can use only for web-based services such as online shopping, paying for subscriptions, and for online gambling. Doing this ensures that your other money would not be accessed even if the online casino sites you’re interacting with get compromised. This gives a whole other light to the statement “only gamble with money you can afford to lose”, but it actually makes perfect sense.

It’s also a good way for you to be compelled to separate your online gambling budget, making it easier for you to stick to it as compared to keeping everything in just one account. So try using a separate credit card or e-wallet dedicated for your online transactions and keep the rest of your money safe from exposure.

Have fun safely when gambling online

When playing online casinos, your online safety is a factor that you should never take for granted. The only way you can truly enjoy playing is if you are sure that you are not exposed to fraud, identity theft, and other forms of cyberthreats.

So follow these 4 security tips to achieve a truly fun online gambling experience without the need to worry.

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Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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