Taking measures to boost cyber security to protect online gamblers from hackers and scammers has never been more important. For anyone who surfs the internet, anti-virus or security software is now vital to their safety.
According to recent published reports, online gamblers look for an edge, but sometimes in the wrong places. And when they do, scammers can catch punters off guard.
Global internet security firm AVG is currently working on programs in Australia to protect online gamblers leading up to the Melbourne Cup.
Online gamblers need to be aware of fraudulent race prediction software, quick signups to unregistered online gambling sites, and sites offering an easy way to to beat the bookies.
Race prediction software makes the claim of accurately forecasting results. Fraudsters take the money and run after gamblers hoping to gain an edge accept counterfeit software licenses, memberships, special calculators, or fake subscriptions.
According to the Australian Competition and Consumer Commission’s Targeting Scams Report, the damage created by these scams is costly. Last year prediction software fraud was ranked 5th with losses of more than $4 million.
Michael McKinnon, security advisor at AVG’s Australian division said:
“Because crime and fraud tend follow high volume opportunities and easy money, online gambling scams at this time of year pose a threat to the thousands of Australians who enjoy a flutter. And, in the enthusiasm of the moment, race goers too often put inappropriate photos of themselves or friends on social media sites, which can create issues when seen by employers, partners and others.”
Join the Conversation