March 21, 2010

Stronger Attacks Target Gambling Sites

Online gambling sites are struggling to strengthen their defenses as they're targeted by increasingly advanced attacks.

"According to APACS, the UK payments association, card fraud in the UK cost the gambling industry over £21m in the 12 months to June 2008," writes The Register's Robert Blincoe. "A good industry rule of thumb is that fraud costs two to three per cent of a business's revenues."

"Handling major and minor fraud issues is a regular chore for the sites," Blincoe writes.

Click here to read the article at The Register.

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