There’s no doubt that online casinos continue to make headways and headlines. When you gross over $65 billion in 2022, you’re going to get plenty of attention. However, not all of that attention is good. While online casinos, including the amazing social casino revolution, continue to amass amazing membership totals, you have some evil members and non-members looking to jump in and ruin the fun for everybody.
Because cybercriminals are so sophisticated, to the tune of trillions in damages, online casinos, especially the licensed ones, spare no expense in integrating AI to meet today’s cybersecurity challenges. This article explores the growing ways that AI continues to become the new digital warrior for online casino security.
Enhanced Detection for Network Loopholes
One of the main challenges and the thrust of online casinos using AI in their cybersecurity defense is to find vulnerable spots that are currently in their systems. Because cybercriminals don’t take nights off and are always looking to cripple businesses with staggering ransomware and malware attacks, online casinos can never get caught sleeping. No matter how talented and dedicated human network security professionals are, AI is more adept at finding the weak points and even making suggestions for fixing them. Also, as technology and cyberthieves evolve, AI tools constantly revisit the integrity of network security to find future or new problems.
AI Backing Up and Vetting Registration
Of course, after securing the overall network, the next step for maintaining careful cybersecurity is to prevent bad actors from entering.
All traditional and online sweepstakes casinos have a registration form with AI involved every step of the way. While social casinos don’t usually have a heavy registration system, they do use AI for the redemption process.
The redemption process is how social casino members go through to redeem their sweepstakes coins into gift cards or directly into cash at a 1:1 ratio. When going through the redemption process for the first time, members have to enter their personal information, which is fact-checked, including uploaded photo identification by AI tools.
For real money online casinos, AI is aggressively involved with the registration form. Most traditional online casinos require new members to fill out the form with all of their personal information, including parts of their social security number. AI tools instantly verify or identify fraud on the spot, including determining whether or not uploaded photo identification is genuine or not.
AI for Constant Membership Security
Even when members are successfully registered for the online casino experience, that doesn’t mean the cybersecurity challenges stop. Thanks to behavioral AI tools, an online casino knows the genuine and authentic playing, spending, and browsing habits of all of its members. However, the first step remains to authenticate members to participate in the online casino experience.
For this, most online casinos use AI for the multi-factor authentication process. Usually, when trying to log in, that member is sent a PIN automatically by AI. Entering the correct code in fewer attempts and the time to be granted entry.
And through behavioral AI tools, AI can monitor bad activity that is dangerous or harmful to the network in real-time. If a member is acting erratically, AI might log them in or prevent them from logging in until further verification can take place.
Greater Anti-Fraud Measures
Almost just as fast new members are creating accounts is the amount of financial activity. With so many members making deposits and trying to make withdrawals, it’s too much for human professionals to process, let alone get right in real-time.
AI tools come to the aid. Already knowing through stored data how each member makes deposits, AI can spot in real time if the request is genuine. Also, if a member makes a genuine request, but the amount is larger than normal, look for behavioral AI tools on behalf of the online casino to inquire more about the actions.
Obviously, if one member tries to force a deposit or a withdrawal request with an unknown payment method, or even worse, another member’s credentials, look for AI to spring into action and block the transaction. Clearly, fraudulent actions can result in AI permanently locking out that member to maintain the overall brand loyalty.
AI Maintaining Compliance
For online casinos to operate legally, they either must be licensed or have individual agreements with state agencies. One of these conditions is to maintain the strictest of cybersecurity measures. With so many changes and new threats occurring daily, AI tools come to the rescue to ensure that the site remains in compliance.
Conclusion
As online casinos continue to push forward, it’s clear that AI is the future and the first line of defense for online casino security. Because AI is an evolving technology, it always assesses and re-assesses its data in its databases to improve them for even better cybersecurity measures. Likewise, AI tools take in new data to improve their cybersecurity defenses.
