The European Gaming and Betting Association (EGBA), noting the growing threat of cybersecurity incidents in the global betting and gaming industry, has created a new cybersecurity division.
The objective of the group is to allow information sharing related to cyber threats and attacks among all members of the association. When incidents are reported, the cyber security group will also facilitate cooperation on tracking and resolutions.
The group will consist of experts from EGBA members.
The Secretary General of EGBA, Maarten Haijer said that the group was launched to encourage and establish a much-needed platform for cross-industry cooperation on cybersecurity issues.
“Cyber criminals are increasingly determined and sophisticated in their efforts to try to hack into gambling websites to steal customer data and money,” he said. “Cyber threats tend to be cross-border in nature, affect operators in the same ways, and are a common threat to the industry.”
“That’s why it is crucially important that operators work closer together to strengthen cyber security protocols and procedures, find common solutions to the latest threats and security vulnerabilities, and implement the highest security standards.”
The global betting and gaming industry faces mounting threats such as DDoSs (Distributed Denial of Service) attacks and odds/price scraping.
These threats are particularly prevalent during major sporting events.