Post
Topic
Board Gambling
Re: is KYC data on Gambling sites safe?
by
Fredomago
on 08/06/2023, 16:17:49 UTC
I do not trust any casino that the data is safe, if nothing else the exchanges are capable of giving our data if they are asked for it, an easier casino that can give them because they are games of chance, it is easier for them to be attacked by governments and their enemies, it is very easy for these data to be transferred, that is why we have to be quite suspicious at all times, and that does not mean that casinos are bad or that they are thieves, but that they do not We know what problems they may face and even possible hacks, which is something they cannot control sometimes.
As the popularity of the Internet has increased the crimes related to it have increased as well, now this would not be as problematic if this was still like in the early days of the internet boom and people still remained relatively anonymous in almost all their interactions.

But now almost any website requires that you identify yourself, use your email account or give them your phone number at minimum to provide you their services, and this means hackers not only have all the time in the world to hack them, but now the incentive they have for doing so has increased in a disproportionate fashion.

It barely happens when hackers compromise the security of a platform only to get user data instead of taking out money, I know that data is way more valuable than money in today's world but it is also not an easy job to sell that data and get a lot of money, so most hackers don't look for that and they target vulnerable platform that they can hack into so that they can get a lot of money easily.

This is the reason why most platforms concentrate on tighter securities only to safeguard their funds and they don't really care that much about the data being extremely secure or not because they know that if there is an attack, it will mostly be for the money they have.
If KYC documents like passwords are stored in encryption method, these reasons of fear can be removed.  It is true that personal documents are more valuable than money.  But that personal documentary is required to keep the money safe.  Due to which kyc has become a regular topic to use on all digital platforms. When a platform verifies a user's documents, it is the platform's responsibility to provide security for those documents. and if they can be accessed by someone else for some reason, the platform is fully responsible for that

The end point still remains on how you trust the site, it's your personal choice if you think that the business is well-established and the people behind can be trusted as responsible, then going to proceed and allow the site to keep those important personal information. But if you still have the doubt, it will be a hard one to decide as it's a matter of security and by knowing what can you lose if exploit with your data happen still have a big weight when thinking and deciding regarding to this matter.